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Business

MemeCore Announces Strategic Entry into South Korea with Acquisition of KOSDAQ-Listed Company

PRNW Agency
Last updated: 05/06/2025 4:52 PM
PRNW Agency
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MemeCore Announces Strategic Entry into South Korea with Acquisition of KOSDAQ-Listed Company
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MemeCore Announces Strategic Entry into South Korea with Acquisition of KOSDAQ-Listed Company

SEOUL, South Korea, June 5, 2025 /PRNewswire/ — MemeCore, the world’s first Layer 1 blockchain purpose-built for the Meme 2.0 movement, has officially announced the commencement of its acquisition process for a KOSDAQ-listed company, marking a significant step in its expansion into the South Korean market.

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As a pioneer in the viral economy, MemeCore aims to redefine meme coins as lasting cultural and economic assets. The project introduces a new paradigm — Meme 2.0 — driven by its proprietary consensus algorithm, Proof of Meme (PoM), which enhances the on-chain value and connectivity of diverse community-driven meme coins.

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MemeCore has recently drawn global attention after becoming the second-largest holder of $TRUMP and participating in an exclusive private dinner hosted by U.S. President Donald Trump. The invite-only event, reserved for the top 25 holders of $TRUMP, saw MemeCore co-founder ICE in attendance, signaling the growing influence and recognition of the project on the world stage.

“By acquiring a KOSDAQ-listed company, we aim to establish a stronger foothold in South Korea — one of the most active markets in crypto trading — and further accelerate our expansion into the region,” said Jun, CEO of MemeCore.

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The acquisition is a strategic move that positions MemeCore for ISMS certification and Virtual Asset Service Provider (VASP) registration in Korea. This milestone will also provide the groundwork for a robust domestic dApp ecosystem built on MemeCore’s native mainnet. The acquired company is expected to realign its business operations to focus on Web3 innovation and digital assets.

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MemeCore is currently in negotiations and conducting due diligence with several listed companies. Upon completion of the acquisition, the project plans to sequentially launch MRC-20 token services and community-powered dApps tailored for the Korean market.

About MemeCore

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MemeCore is the first Layer 1 blockchain purpose-built for Meme 2.0 — a paradigm shift that redefines meme coins from fleeting trends into long-term cultural and economic movements. Through the viral economy model, MemeCore rewards content virality and transaction activity, ensuring that every meaningful interaction becomes part of a value-generating, sustainable ecosystem.

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For more information, visit https://memecore.com

Media Contact

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 Name: Josh, Business Development
 Email: josh@memecore.com
 Organization: MemeCore Foundation
 Website: https://memecore.com

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Photo – https://mma.prnewswire.com/media/2703962/MemeCore_PR_Banner.jpg

View original content:https://www.prnewswire.co.uk/news-releases/memecore-announces-strategic-entry-into-south-korea-with-acquisition-of-kosdaq-listed-company-302474116.html

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TAGGED:$trumpacquisitionannouncedblockchaincoinscommencementcompanyexpansionfirstjunekoreakoreankosdaqlistedlayermarketmarkingmemememecoremovementofficiallypioneerprocessprojectpurposebuiltseoulsignificantsouthstepviralworlds
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