NH Investment & Securities, First Securities Firm To Apply For Stablecoin Trademark… Seeking ‘KRWN’ Dominance?

NH Investment & Securities filed a trademark for a stablecoin, the first among domestic securities firms. According to Digital Asset, NH Investment & Securities recently applied for trademark registration with names such as 'KRWN' and 'KRWN2'.

This filing is evaluated as a symbolic move showing that traditional financial sectors are entering the digital asset market in earnest. Particularly since stablecoins have low price volatility and are easy to apply in real life, such as payment and remittance, competition for market preemption among financial companies is expected to intensify.

It is unusual for a securities company to directly secure intellectual property rights related to stablecoins, and the industry is paying attention to what business model NH Investment & Securities will establish in the digital finance sector in the future. As the name 'KRWN' suggests, the possibility of a Won-linked stablecoin is also being raised.