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KB Bank will launch South Korea's first crypto fund The inv | CryptoClan (ENG)

KB Bank will launch South Korea's first crypto fund

The investment fund will be the first
offered by a bank in the country and is expected to include a type of crypto index and ETF.

Kookmin Bank is preparing to become the first bank in South Korea to offer crypto investment products to retail investors.

The firm has formed a committee to prepare for digital asset management. The entity will handle market research, investment strategy development, as well as risk assessments and compliance issues for investment funds.