The acquisition of the KOSDAQ-listed company is aimed at establishing a stronger foothold in South Korea and accelerating expansion.
Layer-1 memecoin-fcoused blockchain, MemeCore, announced that it would be acquiring a KOSDAQ-listed company, marking a significant step in its expansion into the South Korean market.
“By acquiring a KOSDAQ-listed company, we aim to establish a stronger foothold in South Korea — one of the most active markets in crypto trading — and further accelerate our expansion into the region,” said Jun, CEO of MemeCore.
The acquisition is a strategic move that positions MemeCore for ISMS certification and Virtual Asset Service Provider (VASP) registration in Korea. This milestone will also provide the groundwork for a robust domestic dApp ecosystem built on MemeCore’s native mainnet.
MemeCore has recently drawn global attention after becoming the second-largest holder of
$TRUMP and participating in an exclusive private dinner hosted by former U.S. President
Donald Trump. The invite-only event, reserved for the top 25 holders of $TRUMP, saw MemeCore co-founder ICE in attendance, signaling the growing influence and recognition of the
project on the world stage.
MemeCore is currently in negotiations and conducting due diligence with several listed
companies. Upon completion of the acquisition, the project plans to sequentially launch MRC-20
token services and community-powered dApps tailored for the Korean market.
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