Kakao Donates W4.2 Billion in Cryptocurrency to Ukraine

  • By Jang Hyeong-tae

    March 07, 2022 12:31

    Kakao is donating W4.2 billion worth of cryptocurrency to help Ukraine fight the brutal Russian invasion (US$1=W1,217).

    The app giant said that it is giving 3 million of its own Klaytn cryptocurrency to UNICEF, which will be used to buy clean water, medical supplies and soap for Ukrainians.

    Kakao has also been raising donations since early this month to help Ukrainians and received around W430 million so far.

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