The Bahamian-based crypto exchange will also support Busan's blockchain ecosystem.
The Bahamian-based crypto exchange will also support Busan’s blockchain ecosystem.
Busan has announced a partnership with FTX to build blockchain-powered business solutions in the coming months., Sam Bankman-Fried’s exchange will work with Busan city to assist in the development of Busan Digital Asset Exchange while simultaneously fostering the growth of the blockchain ecosystem in the region.
It also intends to roll out projects in the Busan blockchain special free zone that was set up in 2019.“With this agreement, we will help establish the Busan Digital Asset Exchange and secure a new growth engine for the local economy by making Busan a specialized block-chain city. I will not stop.” Amy Woo, CEO of FTX Investment Division, further revealed that FTX’s Korean branch in Busan is yet another goal that the exchange expects to complete within the next year to transform the port city into a digital financial hub city in Asia.
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