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.