South Korea's KT and Shinhan Bank step into metaverse with tie-up

Comprehensive digital alliance will span 23 joint projects

20220118N KT 5G base station

KT workers set up a 5G base station. The telecommunications company is partnering with Shinhan Financial Group on 23 projects. (Photo courtesy of KT)

KOTARO HOSOKAWA, Nikkei staff writer

SEOUL -- South Korean telecommunications carrier KT and Shinhan Financial Group have signed a comprehensive digital tie-up and cross-shareholding deal that will feature the rollout of financial services in the metaverse.

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