South Korea’s digital-focused bank KBank has filed a series of trademark applications linked to stablecoin wallet services, signaling a deeper push into digital assets ahead of its anticipated initial public offering. Public records from the Korea Intellectual Property Rights Information Service show that the bank submitted 13 trademark filings covering names such as KSC Wallet, KSTA Wallet, Kstable Wallet, and Kbank SC Wallet.
The applications span multiple categories, including software for stablecoin and cryptocurrency transactions, digital asset custody, NFT-related services, and broader financial operations. Taken together, the filings suggest KBank is preparing a multifunctional wallet platform that could support payments, remittances, and settlement services rather than a single-use product.
IPO Plans and Use of Proceeds
KBank is currently pursuing its third attempt to list shares domestically, after withdrawing two earlier IPO efforts in 2023 and 2024. In regulatory disclosures tied to the offering, the bank indicated that funds raised would be used in part to accelerate its digital asset and fintech initiatives. Reports indicate the bank is targeting a KOSPI listing in early March 2026.
Partnerships and Regulatory Tailwinds
The trademark filings follow recent cross-border collaborations involving blockchain and financial firms to develop stablecoin-based payment solutions between South Korea and Thailand. These efforts align with ongoing regulatory work in South Korea aimed at establishing clearer rules for stablecoins and crypto-related investment products.
As the exclusive banking partner of the country’s largest crypto exchange, KBank has seen rapid user growth over recent years, positioning it to benefit from expanding adoption of regulated digital asset services.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.