[Featured Stock] Danal Rises Alongside Paycoin Price Surge... Paycoin App Now Supports Bitcoin Payments
[Asia Economy Reporter Yoo Hyun-seok] Danal's stock price is soaring. The surge in Paycoin's price appears to be influencing Danal's stock price as well.
As of 2:26 PM on the 11th, Danal was trading at 9,270 KRW, up 17.94% (1,410 KRW) compared to the previous trading day.
On the same day, an economic newspaper reported that Danal's blockchain payment subsidiary, Danal Fintech, revealed its virtual asset business roadmap through a Bitcoin easy payment service webinar.
The number of Paycoin application (app) users reached 1.1 million as of the end of last month, increasing by 300,000 users in two months from 800,000 in December last year. Additionally, female users and users in their 40s and 50s each account for more than 40% of the total, securing a broad customer base.
Kim Young-il, Business Strategy Team Leader of the Pay Business Division at Danal Fintech, stated, "Globally, virtual asset payment is expanding with companies like PayPal, Mastercard, Visa, and Square," adding, "Paycoin plans to expand its scope so that users can pay with their virtual assets anytime and anywhere regardless of nationality."
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Following the disclosure of Danal Fintech's plans, Paycoin's price is soaring. Paycoin's price is exceeding 2,700 KRW.
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