South Korea's financial technology powerhouse Toss is making a massive Web3 pivot that could reshape the digital finance landscape. According to Blockmedia, the company is developing its own layer-one blockchain mainnet and native cryptocurrency to integrate across its payment, banking, and securities ecosystem, serving roughly 30 million registered users. This represents nearly 60% of South Korea's entire population, giving Toss unprecedented reach for Web3 adoption.
The company's strategic approach demonstrates serious institutional commitment to blockchain infrastructure. As reported by Bitcoin.com, Toss filed trademarks for 24 Korean won stablecoin names in June 2025, including "TOSSKRW," and has been actively recruiting blockchain engineers since February 2026. A company spokesperson confirmed their vision, stating they view "digital asset-based financial infrastructure as an important future area" and are prioritizing technology acquisition through talent recruitment and partnerships. The timing couldn't be more strategic, as Toss targets a U.S. IPO in 2026 at a valuation above $10 billion.
