[Special Stock] Dream Security Surges on Hopes for Samsung, Kakao Stablecoins and Highlighted Security Collaboration
Dream Security shares are showing strong performance. This appears to be due to renewed attention on the company's history of supplying security authentication solutions to services such as Samsung Pay and Kakao Pay, following the opening of the path for qualified private companies, including Samsung Electronics and Kakao, to issue stablecoins pegged to legal tender.
As of 10:48 a.m. on June 11, 2025, Dream Security shares were trading at 3,915 won, up 4.54% from the previous day. This is interpreted as a result of growing expectations for private companies to issue stablecoins after the Digital Asset Basic Act was introduced in the National Assembly.
Min Byungdeok, a member of the National Assembly's Political Affairs Committee and chairman of the Democratic Party's Digital Asset Special Committee, officially proposed the "Digital Asset Basic Act" the previous day. The core of the bill is to allow any qualified private company, such as Samsung Electronics or Kakao, to issue stablecoins pegged to legal tender. It will also provide a legal basis for the legitimate pursuit of initial coin offerings (ICOs), which have been effectively banned in South Korea.
This development opens the way for private companies that provide various simple payment services to issue stablecoins. As a result, Dream Security's previous record of supplying security authentication solutions to Samsung Pay, Kakao Bank, and others has come into the spotlight. Dream Security also participated in the Bank of Korea's central bank digital currency (CBDC) pilot research project, which included Samsung Electronics and Kakao's blockchain subsidiary Ground X as participants.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.