Fastex has officially announced a strategic collaboration with Estaria, a prominent player in South Korea’s blockchain ecosystem, during the Fastex Harmony VI Meetup in Ras Al Khaimah. This partnership aims to drive the growth of FTN (Fasttoken), Web3 technologies, and blockchain solutions in the South Korean market.

 

South Korea is a global leader in cryptocurrency adoption, with a 24-hour trading volume of $14 billion - recently surpassing the country’s traditional stock market, according to Dr. James (Jeon Junghweon), CEO of Estaria. “FTN [Fasttoken] has Bahamut, which has quite good scalability,” said Dr. James. “It’s faster and less expensive. It’s a very good fit for the Korean market.”

 

The collaboration will focus on building a cross-game financial ecosystem, integrating gaming, payments, and NFT marketplaces. By leveraging FTN and Estaria’s infrastructure, the partnership seeks to provide users with efficient, secure, and compliant blockchain solutions tailored to the Korean market.

 

The partnership underscores Fastex’s strategy to expand into key markets. Together, Fastex and Estaria aim to unlock new opportunities for blockchain innovation in South Korea and beyond.

 

For more details on Fastex’s initiatives, see CoinDesk’s coverage: Growth, Trust, and Global Adoption on Display at Fastex Harmony VI Meetup.