B2N partners with Binance to build payment ecosystem in South Korea

B2N, a KOSDAQ-listed IT firm, has partnered with the world's largest cryptocurrency exchange, Binance, to build out the Binance Pay ecosystem in South Korea, Chosun Biz reported. Citing investment banking and crypto industry sources on Feb. 1, the report confirmed that B2N recently signed a contract to develop a platform for Binance Pay's entry into the domestic market. Under the agreement, B2N will be responsible for developing the payment service's marketing system.