Klaytn Klay Price USD

Klaytn is a public blockchain that focuses on the metaverse, gamefi, and the creator economy. It was officially founded in June 2019 and is now expanding its business around the world from its international base in Singapore. It is South Korea's top blockchain platform.

The Klaytn Growth Fund, which intends to build the ecosystem built on Klaytn, is supporting these company expansion initiatives. Klaytn Foundation, a Singapore-based non-profit corporation created in August 2021, manages and distributes the fund.

GroundX, the blockchain division of Korea's largest mobile network, Kakao, created and introduced the Klaytn blockchain in June 2019. After two years of success in Korea, the Klaytn Foundation was formed, a non-profit organisation dedicated to the Klaytn network and its ecosystem, to launch Klaytn's worldwide development.

The Klaytn Foundation is a non-profit organisation founded to promote worldwide acceptance and ecosystem maturity on Klaytn. The foundation administers the Klaytn Growth Fund and works with Krust, a subsidiary of internet giant Kakao Corp that invests in Klaytn-based initiatives.

KLAY is the Klaytn protocol's native digital asset that powers and safeguards it. Klaytn was formed with 10 billion KLAY coins produced at the start, and there are presently 2.6 billion KLAY coins in circulation.

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