South Korean fintech company Toss plans to develop its own blockchain and issue a native cryptocurrency.

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2026-04-06 13:41:59

Gate News, April 6, according to The Block, South Korean payments and banking giant Toss has disclosed that it is considering developing its own blockchain network and issuing a native cryptocurrency. Insiders say Toss may build on a Layer1 mainnet and explore Layer2 expansion solutions, but has not yet made a final decision on which architecture to adopt. Relevant decisions are influenced by the progress of South Korea’s “Digital Asset Basic Act,” which will regulate key areas such as token issuance, stablecoins, and crypto ETFs.

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