BULLISH 📈 : KBank files trademark for stablecoin wallets amid LIQUID surge

Thailand's second-largest lender, Kasikornbank (KBank), is aiming to lead the Southeast Asian digital asset market by developing a stablecoin wallet ecosystem. Having acquired the Satang Pro exchange (now Orbix), KBank plans to leverage blockchain infrastructure.

  • KBank is securing IP rights for custodial and non-custodial interfaces, creating a "walled garden" for digital Thai Baht and tokenized assets.
  • This marks a shift from asset speculation to owning blockchain infrastructure, affecting liquidity distribution as institutions build private ledgers.
  • The market seeks interoperability, moving away from isolated Layer 1 solutions towards infrastructure bridging fragmented liquidity networks.

LiquidChain ($LIQUID), a Layer 3 protocol, aims to unify these environments by merging Bitcoin, Ethereum, and Solana liquidity without traditional bridging risks.

  • LiquidChain uses a Cross-Chain Virtual Machine (VM) allowing native asset usage and reducing technical overhead for developers.
  • Its Single-Step Execution feature simplifies complex cross-chain transactions, crucial for institutional adoption.

The project recently raised over $520K in presale, indicating strong interest in its approach to facilitating frictionless liquidity routing.