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SK Telecom Partners with CryptoQuant to Launch Innovative Crypto Wallet

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Oct 21, 2023 at 09:10 am

In a groundbreaking move, Team Blackbird, a prominent player in the Korean cryptocurrency services landscape, has joined forces with SK Telecom (SKT), South Korea's largest mobile phone company, celebrated for its vast user base. This partnership heralds the dawn of an innovative cryptocurrency wallet tailored to meet the evolving demands of digital currency enthusiasts in the modern age.

The newly unveiled T wallet transcends the conventional definition of a cryptocurrency wallet. It emerges as a state-of-the-art mobile-based blockchain application, offering users a fortified sanctuary for their digital assets. Its differentiating factor lies in its seamless integration with CryptoQuant's indispensable on-chain analysis tools. These tools serve as a trusted compass, adeptly guiding users through the intricate terrain of the cryptocurrency market, potentially empowering them to make well-informed decisions. Ki Young Joo, the CEO of Team Blackbird, underscored the paramount significance of these analytical resources in a statement provided to Bitsday.

Jong Seung Kim, the forward-looking leader of SKT's Web3 business team, exudes optimism about the prospective influence of the cryptocurrency wallet on the South Korean cryptocurrency scene. South Korea has long been recognized for its substantial trading volumes and the palpable interest of local enthusiasts in the domain of cryptocurrencies.

At the nucleus of this collaborative initiative stands CryptoQuant, a distinguished company specializing in data and research. Their core proficiency lies in furnishing highly sought-after on-chain data analysis services to institutional clients worldwide. This expertise has culminated in exclusive partnerships with global titans, including the Chicago Mercantile Exchange (CME Group) and the esteemed Moody's credit rating agency. These affiliations have paved the way for the diffusion of vital on-chain data and research across a myriad of platforms and terminals.

Read more: Grayscale's GBTC Discount Narrows Amidst Bitcoin ETF Anticipation

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