[Stock in Focus] Danal Rises on News of Exclusive Partnership with Global Leader Binance

Danal is showing strong performance. This is believed to be influenced by the news that Danal has signed a service contract for the Korean market with Binance, the world's largest virtual asset exchange.

As of 2:23 p.m. on December 5, Danal was trading at 6,940 won, up 2.06% from the previous day.

According to a media report, Danal has become the first company in Korea to sign a domestic service operation (Master Aggregator) contract related to "Binance Pay." This means Danal has obtained exclusive rights to recruit Binance Pay service merchants in Korea.

Binance Pay is a cryptocurrency payment and remittance service provided by Binance. Through the in-app QR scanner, users can transfer funds from their wallets to send money or make payments to friends and family worldwide.

It is known as a borderless, contactless crypto payment service that supports dozens of digital assets, including major virtual assets such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), as well as stablecoins like USDT and USDC.

The two companies plan to collaborate in various fields, including providing crypto top-up options such as stablecoins to foreign visitors to Korea, in accordance with domestic regulations.