Cryptocurrency Exchange CoinRoom First to List XEM in Korea

The NEM Foundation has announced that Metaps Plus will adopt NEM’s Blockchain technology into its existing payment infrastructure. Seoul-based Metaps Plus is a South Korean fintech company and mobile marketing platform developer with over $10 million yearly transactions.

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NEM will also collaborate with Metaps Plus on the launch of its cryptocurrency exchange, CoinRoom, which will be the first Korean exchange to list XEM, beginning November 11, 2017. The two companies also plan to collaborate to integrate NEM’s API technology into Metaps Plus and its current operations.

“NEM is one of the most experienced companies in the industry, and a perfect partner to help us Leverage blockchain technology to its fullest potential in Korea,” said Seungyeon Kim, CEO of Metaps Plus. “Through this partnership, we look forward to listing XEM on CoinRoom and implementing forward-thinking blockchain solutions.”

“Interest in blockchain and cryptocurrency is skyrocketing in Korea, and it will continue to grow as one of the industry’s leading markets,” said Jeff McDonald, Vice President of the NEM Foundation. “NEM plans to establish a strong presence in Korea, and partnering with such a well respected and established partner at Metaps is major step forward in that mission.”

Metaps Plus recently introduced its Ethereum-based token, PlusCoin (PLC), which has raised over 32,000 ETH in an ICO.