[Featured Stock] Danal, Paycoin Payment Accepted at Korea's Top 4 Convenience Stores... Paycoin Daily Trading Volume Hits 5 Trillion

[Asia Economy Reporter Hyunseok Yoo] Danal is showing strong performance. Danal Fintech announced that it has signed payment service partnership agreements for Paycoin (PCI) with Shinsegae Group's convenience store Emart24 and CJ Group's multiplex cinema CGV, which appears to have influenced its stock price.

As of 9:27 AM on the 18th, Danal was trading at 8,840 KRW, up 5.87% (490 KRW) compared to the previous trading day.

Through the partnership, Paycoin payments will be available at over 5,400 Emart24 stores nationwide and more than 200 CGV cinemas across the country. Emart24 will launch the Paycoin payment service at the end of March, and CJ CGV will start at the end of April.

Danal Fintech has expanded its everyday payment coverage to four major convenience store brands in Korea by adding Emart24 to the already active payment-enabled convenience stores CU, 7-Eleven, and Ministop. Additionally, through the partnership with the large multiplex cinema CGV, the Paycoin payment area has been extended to the fields of popular culture and arts.

A Danal Fintech representative said, "Through the partnerships with Emart24 and CJ CGV, we have taken a step closer to a complete Paycoin payment network," adding, "Customers holding Paycoin can now conveniently use it in various sectors." They further stated, "We will expand the Paycoin service beyond virtual asset payments to include the exchange of various points and shopping in the commerce sector, growing it into a virtual asset-based platform."

Danal Fintech's Paycoin has seen continuous price increases, and its daily trading volume on exchanges surpassed 5 trillion KRW, exceeding that of Bitcoin. Currently, it has about 1.2 million app subscribers and is rapidly expanding its membership and service scale by continuously opening new merchant payment options.

This content was produced with the assistance of AI translation services.