LG Electronics is making its debut in the crypto and blockchain industries.
The tech company said it will focus on the “sale and brokerage of cryptocurrency.”
Electronics company LG Electronics has entered the moving train of companies making debuts into the blockchain and crypto space. Local South Korean news agency reported that the electronics company has expanded beyond manufacturing electrical appliances. Per the report, LG Electronics have included blockchain, crypto, and medical devices as new business areas. The company announced its foray into the blockchain and crypto industries during its annual general meeting on the 24th of March.
LG crypto and blockchain businesses
The objectives of the expansion include “the development and selling of blockchain-based software.” With interest in crypto and blockchain, LG Electronics said it will focus on “the sale and brokerage of cryptocurrency.” The new decision has led to speculation on whether the electronics manu
