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KOA has secured $5 million in investment and will introduce a Web3 architecture to build a Decentralization ecosystem.
[Coin World] On July 17 (UTC+8), the South Korean crypto financial platform Codaps Bank signed a KOA (Kudos, Ok Assets) Token investment agreement with the Singapore Zhongke Aerospace Smart Group, reaching a $5 million investment intention and planning to introduce a Web3 framework into the KOA ecosystem. The KOA coin is issued by the OMG World Foundation of ALAI University in San Antonio, Texas, USA, and is a BEP-20 utility token primarily used for payments and exchanges, currently building an ecosystem that can achieve RWA and USDT exchanges. Luo Zhonghe, Chairman of the Zhongke Aerospace Smart Group, stated that KOA is a project that is building a good ecosystem, and he will provide technical support. He pointed out that the current digital asset market has an increasing demand for the integration of Web2 and Web3, and there is an urgent need for a one-stop platform. In the future, he will assist KOA in building a decentralized ecosystem based on Web3.