<p>1st-Generation, a leading firm in the blockchain sector based in Daegu, South Korea, has signed a memorandum of understanding (MOU) with global cryptocurrency exchange Tapbit, according to an <a href="https://www.tokenpost.kr/article-159499" rel="noopener noreferrer nofollow">article</a> published by South Korean news outlet Tokenpost on Tuesday (KST). Through this MOU, 1st-Generation expects to further accelerate its growth through active participation and advancement into the global blockchain industry.</p><p>&#34;As the global blockchain industry continues to grow at a rapid pace, we aim to create an ecosystem where we can make a positive impact through cooperation,&#34; said Lee Jun-hyuk, CEO of 1st-Generation.</p><h2 id="header-0">Pioneering the future of blockchain</h2><p>With its advanced technology and outstanding expertise in the blockchain field, 1st-Generation has registered with the Financial Supervisory Service (FSS) under the name &#34;1st Generation Group&#34;. The company is focused on providing innovative solutions globally, effectively utilizing blockchain technology based on advanced IT experience.</p><h2 id="header-1">Tapbit’s statistics</h2><p>Founded in 2021, Tapbit is a global exchange with a user base that exceeds six million users worldwide. In particular, it is currently ranked 38th on CoinMarketCap’s top cryptocurrency derivatives exchange list with a 24-hour derivative trading volume of about $8 billion as of this writing. In addition, it is also working on creating crypto Travel Rule solutions through cooperation with domestic exchanges.</p>

1st-Generation partners with Tapbit to venture into global blockchain market

Table of Contents

CoinNess Global

Other articles published on Jan 9, 2024

Dogecoin’s Sudden Surge and Drop: The Reason Behind the Volatility

Juniper Networks Jumps 21.8% After Reports of $13B Acquisition Offer

ROSE Price Prediction: ROSE Takes a Nap Near the 20-Day EMA

Ripple News : Top Factors Driving XRP Price To Hit New ATH

Bitcoin mining stocks surge in trading volume, outpacing tech giants

Fantom Founder Andre Cronje Reflects On Bitcoin & Ethereum’s State Bloat Problem

Join our free newsletter for daily crypto updates!