South Korean Investors Put $1.24 Billion into US Tech and Crypto Assets
During the Chuseok holiday week, South Korean investors significantly increased exposure to U.S. technology and cryptocurrency-linked investments.
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Terms & Concepts
Crypto-linked assets: Financial instruments or securities whose value is tied to the performance of cryptocurrencies or blockchain-based projects.
Chuseok holiday: A major traditional holiday in South Korea, often associated with increased travel, spending, and sometimes changes in investment activity.