Korean Solana expansion gets $20 million boost

Cointelegraph

Published Jun 03, 2021 12:00PM ET

Updated Jun 03, 2021 02:00PM ET

Solana-related news has surfed a number of headlines in recent months. The blockchain now appears headed for major strides in Korea, with significant funding for its surrounding ecosystem.

"As one of the largest crypto markets globally, Korea has an extraordinarily high adoption rate of cryptocurrencies," a representative from Korean firm ROK Capital told Cointelegraph. "By expanding the Solana ecosystem in Korea, we hope to grow the awareness and adoption of decentralized applications on the Solana ecosystem as well as encourage and incubate local teams to build on Solana."

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