Korean Firms Deny Joining Open USD Alliance After Inclusion Listed

Samsung Electronics and other Korean companies clarify they never formally discussed membership in the Open USD alliance. Samsung Electronics, Dunamu, KakaoBank, and other Korean firms denied formal participation in the Open USD alliance after being listed as members. Comp

Samsung Electronics and other Korean companies clarify they never formally discussed membership in the Open USD alliance.

Samsung Electronics, Dunamu, KakaoBank, and other Korean firms denied formal participation in the Open USD alliance after being listed as members. Companies stated they had no discussions or agreements with the alliance issuer, expressing confusion over their inclusion.

The firms reported receiving only preliminary inquiries about potential interest, with no follow-up talks. Some learned of their inclusion only through media reports, raising questions about the alliance’s transparency and verification process.

No immediate market reaction was noted, as the disclosures did not involve financial performance or regulatory changes.

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