On July 8, InskoB announced that the key figures who had previously played a central role in successfully listing the internet broadcasting platform AfreecaTV on the KOSDAQ market have now joined the company and are set to fully enter the stablecoin business.
In particular, the company explained that the chairman of the InskoB Group, Yoo Insu (who also serves as CEO of InskoB), will personally oversee and lead the entire stablecoin business, drawing significant attention from the blockchain and fintech industries. The company stated that they have already established the relevant organization and are accelerating business development efforts.
The chairman and executives of InskoB Group previously drove business growth and achieved a KOSDAQ listing by building an unprecedented personal broadcasting ecosystem, demonstrating outstanding business insight and execution during their tenure at Nowcom.
To pursue the stablecoin business, InskoB recently established a Digital Business Division directly under the chairman within the group. Shim Kyuseok, who planned the initial business ideas for AfreecaTV (now SOOP) and led its development projects, was appointed as the head of the Digital Asset Division. Park Hoigeun, who also played a key role at AfreecaTV, was appointed as the executive in charge of business strategy. The company explained that both executives aim to leverage their successful experience across all areas of AfreecaTV's service planning, development, marketing, and KOSDAQ listing to ensure the success of the stablecoin business as well.
They are focusing on the infinite potential of stablecoins in the rapidly changing digital finance environment, with the goal of building a transparent and stable digital asset ecosystem.
The company expects that, with the group chairman personally leading the business and demonstrating authenticity and strong commitment, the synergy created by these individuals?who have accurately identified market needs and delivered innovative services through their previous successful business experience?will lead to differentiated strategies and successful outcomes in the stablecoin business.
Additionally, the company recently signed a contract with external technology partner Parameta for the development of a stablecoin-based local currency, and entered into a business agreement with Symverse Labs to build a next-generation financial platform.
A company representative stated, "We aim to provide users with a trustworthy digital financial experience and contribute to accelerating the adoption of blockchain technology."
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