Samsung has plans to launch its own exchange via Samsung Securities.
Samsung Securities, the tech giant’s investment firm, is considering launching a cryptocurrency exchange of its own next year.
Samsung has plans to launch its own exchange via Samsung Securities. This provides yet another example of how the company – considered one of the biggest in the technology field – is attuned to the crypto industry.
Samsung launched several initiatives in relation to this in the past year. The South Korean giant has developed a wallet function for its Galaxy line of smartphones, and a TV that supports non-fungible tokens (NFTs) and Cardano exposure (ADA).
Now, local media claims that their future exchange will be focused on security tokens. It is worth remembering that last year the company already tried to launch a trading platform for these assets, but was unable to proceed with the project due to a lack of specialized professionals.