South Korean internet search giant Naver is launching a non-custodial crypto wallet, adding the Chiliz blockchain as its first.
South Korean tech conglomerate Naver is launching its first-ever crypto wallet, Naver Pay Wallet, in partnership with the sport-focused blockchain Chiliz.
Chiliz, a layer 1 blockchain built around supporting fan tokens, said in an Aug. 29 X post that it was chosen as the inaugural blockchain for the wallet, which is available to what it reported was over 33 million Naver users.
Naver — known as “the Google of South Korea” — runs the country’s most used search engine. It was the most visited website in South Korea last month with 1.7 billion visits, according to Similarweb.