Daishin Securities signs MOU with bitcoin exchange Coinone

Investing | April 22, 2016 By:

Daishin Securities announced that it has signed a memorandum of understanding (MOU) with Coinone for the bitcoin blockchain and the business sector cooperation.

The signing ceremony, that took place on April 14, was attended by Daishin Securities CEO Na Jae-Cheol and Coinone CEO Cha Myung-hoon.

Under the MOU, the two companies will work together to open up exchange services between bitcoin and the won. Daishin clients can also use bitcoin as a deposit option for the broker’s services.

Beyond the integration between the two firms, the memorandum reportedly outlines plans to develop blockchain applications for stock services.

Daishin Securities is a Korea-based company specialized in the securities and investment banking business. Coinone is a Seoul based bitcoin exchange Coinone.