Catenaa, Friday, February 06, 2026-KBank, a South Korean neobank and the sole banking partner of crypto exchange Upbit, has filed multiple trademark applications related to stablecoin wallets as it prepares for a planned initial public offering.

Records from the Korea Intellectual Property Rights Information Service show KBank submitted 13 trademark applications, including names such as KSC Wallet, KSTA Wallet, Kstable Wallet, and Kbank SC Wallet.

The filings follow earlier trademark applications for stablecoin tickers submitted in July 2025.

The applications are categorized under software and services tied to digital currency and stablecoin transactions, crypto mining, non-fungible tokens, and broader financial services.

South Korean media reports indicate the filings point to a wallet system intended to support remittances, payments, and settlement functions.

The move comes as KBank makes its third attempt to list publicly, after withdrawing IPO plans in both 2023 and 2024. In its registration statement, the bank said proceeds from the offering would be used in part to expand its digital asset business.

KBank is targeting a KOSPI listing on March 5, according to local media reports.

KBank has also entered a partnership with blockchain firm BPMG, Thailand’s Kasikorn Bank, and Orbix Technology to develop a stablecoin-based financial system linking South Korea and Thailand. The project is designed to serve tourists and Thai workers based in South Korea.

The bank’s digital asset strategy aligns with efforts by South Korean regulators to establish clearer rules for stablecoins and crypto exchange-traded funds.

While legislation is expected later this quarter, financial institutions have begun positioning for stablecoin services.

KBank’s role as Upbit’s banking partner has driven rapid growth. Since 2020, its user base has expanded more than 500% to about 15 million customers.