{"id":83195,"date":"2023-08-17T12:14:46","date_gmt":"2023-08-17T09:14:46","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=83195"},"modified":"2025-09-12T09:43:59","modified_gmt":"2025-09-12T06:43:59","slug":"polygon-labs-inks-partnership-with-sk-telecom","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/polygon-labs-inks-partnership-with-sk-telecom\/","title":{"rendered":"Polygon Labs inks partnership with SK Telecom"},"content":{"rendered":"<p>Polygon Labs and the South Korean mobile operator SK Telecom <a href=\"https:\/\/www.sktelecom.com\/en\/press\/press_detail.do?idx=1578&#038;currentPage=1&#038;type=&#038;keyword=\">joined forces<\/a> to develop the <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-web3\">Web3<\/a>-ecosystem.<\/p>\n<p>As part of the partnership, the firm will add support for the <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-polygon-matic\">Polygon<\/a> blockchain on its <a href=\"https:\/\/u1f987.com\/en\/news\/what-are-nfts\">NFT<\/a>-marketplace TopPort. The two organisations will also launch a <a href=\"https:\/\/u1f987.com\/en\/news\/sk-telecom-unveils-web3-wallet-for-cryptocurrencies-and-nfts\">joint cryptocurrency wallet<\/a>.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cPolygon Labs is developing the optimal blockchain technology to popularise Web3, and we view this collaboration as an important step in delivering digital services to a larger number of consumers,\u201d said Mark Buaron, head of the crypto company.<\/p>\n<\/blockquote>\n<p>In addition, Polygon will consider investing in promising projects recommended by SK Telecom through its venture firm.<\/p>\n<p>The mobile operator has long been developing its own cryptocurrency and runs the <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-the-metaverse\">metaverse<\/a> Ifland. As of 2021, the telecom giant <a href=\"https:\/\/www.kisdi.re.kr\/report\/view.do?key=m2101113024770&#038;arrMasterId=3934580&#038;masterId=3934580&#038;artId=656316\">served 47%<\/a> of subscribers in South Korea.<\/p>\n<p>Earlier, SK Telecom&#8217;s investment arm <a href=\"https:\/\/u1f987.com\/en\/news\/sk-telecom-unit-buys-stake-in-korbit-bitcoin-exchange-for-75-million\">invested 90 billion won<\/a> (~$75 million at the time) in the Bitcoin exchange Korbit.<\/p>\n<p>In February 2022, the telecom giant, through its subsidiary <a href=\"https:\/\/u1f987.com\/en\/news\/sk-telecom-unit-requires-portfolio-companies-to-have-a-presence-in-the-metaverse\">urged its portfolio companies to have a presence in the metaverse<\/a>.<\/p>\n<p>In April 2023, Google Cloud <a href=\"https:\/\/u1f987.com\/en\/news\/google-cloud-signs-partnership-with-polygon\">entered into a partnership with Polygon<\/a> to deploy the project&#8217;s protocols in corporate infrastructure and tools.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Polygon Labs and South Korean mobile operator SK Telecom have joined forces to develop the Web3 ecosystem.<\/p>\n","protected":false},"author":1,"featured_media":83196,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1390,1264,974],"class_list":["post-83195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-partnership","tag-polygon-matic","tag-south-korea"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/83195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=83195"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/83195\/revisions"}],"predecessor-version":[{"id":83197,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/83195\/revisions\/83197"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/83196"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=83195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=83195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=83195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}