MemeCore, the first Layer 1 blockchain dedicated to the emerging Meme 2.0 movement, has announced its strategic entry into South Korea through the acquisition of a KOSDAQ-listed company.
Revealed on June 5, the move marks a pivotal milestone in the project’s broader global expansion, reflecting its ambition to tap into Asia’s rapidly evolving digital asset markets.
At the heart of MemeCore’s innovation is its proprietary “Proof of Meme” (PoM) consensus mechanism, designed to elevate meme coins beyond internet humour by transforming them into lasting cultural and economic assets. The South Korean acquisition supports this mission by providing MemeCore with a regulated platform in one of the world’s most active crypto-trading regions.
According to CEO Jun, the acquisition is a foundational step toward securing Information Security Management System (ISMS) certification and Virtual Asset Service Provider (VASP) registration, both of which are essential for operating legally within South Korea. These regulatory clearances will enable MemeCore to build a compliant and scalable Web3 ecosystem tailored to Korean users. The acquired company is expected to reorient its business model to align fully with MemeCore’s vision for Web3 innovation and digital asset utility.
MemeCore’s growing prominence is further underscored by its recent participation in an exclusive private dinner hosted by U.S. President Donald Trump. As one of the top 25 holders of the $TRUMP token, MemeCore co-founder ICE attended the invite-only event, showcasing the project’s rising influence within both crypto and political circles.
Following its strategic acquisition in South Korea, MemeCore is now live on Meson Finance. This integration enables users to bridge tokens to the MemeCore blockchain through Meson’s fast, secure, and low-cost cross-chain stablecoin swaps, featuring zero slippage.
MemeCore is now LIVE on @mesonfi
We’re excited to announce that Meson Finance now supports bridge integration with MemeCore.
Meson Finance is the fastest and safest way to execute low-cost, zero-slippage stablecoin cross-chain swaps across leading blockchains.
Users can now… pic.twitter.com/QDwWlw6y7n
— MemeCore (@MemeCore_ORG) June 4, 2025
This expansion comes at a crucial moment as South Korea moves toward tighter digital asset regulation. On May 20, the Financial Services Commission (FSC) introduced a comprehensive framework to oversee crypto sales, nonprofit token offerings, and exchange operations.
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