NAHA, Japan -- Klaytn, a cryptocurrency project backed by South Korean Internet conglomerate Kakao, is accelerating its overseas expansion amid growing regulatory scrutiny in its home market, a group executive told Nikkei Asia.
Krust Universe, a Singapore-based subsidiary of Kakao, recently invested in Japanese crypto gaming startup Oasys as part of its $20 million funding round. It aims to bring Oasys' gaming content to Klaytn.
