Samsung has announced the rollout of its crypto wallet-linkable mobile payments solution – Samsung Wallet – in Brazil, India, Malaysia, and five other countries.

Korean technology conglomerate Samsung is looking to beat its competitors in Hong Kong by offering a spot Bitcoin exchange-traded fund (ETF) for investors to gain better exposure to the leading cryptocurrency. 

Earlier this week, the Samsung Asset Management Company announced the launch of its spot Bitcoin exchange-traded fund in the Hong Kong market. The Samsung Bitcoin Futures Active ETF is basically a futures-based Bitcoin ETF. As per the latest Bloomberg report, the Samsung fund unit is now planning to unveil more crypto products in the Hong Kong market. Over the last few months, Hong Kong regulators have shown their affinity for crypto and are planning to make the region a new crypto hub in Asia. Samsung now sees an opportunity here and is closely monitoring Hong Kong’s rule book in case they decide to allow direct investments in crypto coins. Sam Park, Hong Kong chief executive for Samsung Asset Management told Bloomberg: “It really depends on how policy is going to be developed”. He further added that the local administration was clearly keen on developing a crypto hub. (coingape)

Samsung investment arm’s subsidiary – Samsung Asset Management Hong Kong (SAMHK) – outlined plans to list Samsung Bitcoin Futures Active ETF on the Hong Kong stock market starting January 13.

Samsung Asset Management announces plans to list the Bitcoin futures exchange-traded fund (ETF) on the Hong Kong stock market amid the rise in interest from retail and institutional investors in Hong Kong.

Savage, a streaming application operating on the Polygon network, has partnered with Samsung, a leading producer of electrical gadgets, in order to provide Web3 users access to high-quality images & videos. In a statement on Twitter, the streaming protocol stated that its cooperation with the company would assist in the enhancement of the Web3 solutions that it currently provides.

SAVAGE, the streaming app by Polygon, recently announced a partnership with Samsung. The platform released an official tweet to inform users about the collaboration.

Samsung has disclosed that it is currently spending more than $35 million on metaverse projects for the Latin American market.

According to a report by Hankook Ilbo on the 22nd, Samsung Electronics will unveil its NFT trading service for TVs at CES, the world's largest information technology (IT) fair, to be held in Las Vegas on January 5 next year.

After it invested in the exchange in a funding round last year, Samsung is next on a long list of those suffering due to the collapse of FTX. The company’s contribution in the $420 million funding round is not known, but it is having trouble with its investment.