Tokenized SK hynix ADRs cross W100b overseas

Investor enthusiasm for SK hynix's newly listed American depositary receipts is spreading into the crypto market, with the combined market capitalization of tokenized products tracking the ADRs topping 100 billion won ($68 million) globally on Monday.

According to CoinMarketCap, four spot tokenized products tracking SK hynix's US-listed shares had a combined market capitalization of $72.8 million as of around 1 p.m.

Monday.

Overseas crypto platforms have introduced the products since SK hynix's ...