The Block Media and the U.S. Weiss Ratings have signed a memorandum of understanding Monday in Seoul. The two companies plan to establish a joint company to rate South Korean blockchain projects.
Under the agreement signed between Block Media Publisher and CEO Choi Chang-hwan and Weiss Ratings CEO Martin D. Weiss, the Block Media will get exclusive rights for reselling Weiss Crypto Ratings in the Korean language.
The Block Media will publish Crypto Ratings and reports. The two will share all current Korean subscribers. The two companies agreed to explore establishing a joint venture to promote the development of the cryptocurrency market in Korea.
Weiss Ratings CEO Martin D. Weiss said he would team up with the Block Media for the development of South Korea’s blockchain market. He added that his company would provide the most accurate market information for Korean investors.
Block Media Publisher and CEO Choi Chang-hwan noted Weiss Ratings is the first global agency which started rating services for blockchain projects and cryptocurrencies. He added that the Block Media would make available to investors the high-quality information Weiss provides timely and accurately.
From now on, investors will get the latest high-quality market information and ratings on blockchain projects, and cryptocurrencies Weiss Ratings provides.
Weiss Ratings, established in 1971, is noted for its adherence to the highest ethical standards by maintaining its independent, unbiased outlook and approach for customers.
