[Featured Stock] Infraware Rises on Expectations for Cryptocurrency Polar Based on 100 Million Users

[Asia Economy Reporter Hyunseok Yoo] Infraware is showing strong performance. The growing interest in cryptocurrencies, including Bitcoin, appears to have influenced its stock price. As payment systems using Bitcoin become more widespread, business opportunities utilizing cryptocurrencies are also expected to increase.

As of 10:15 AM on the 17th, Infraware's stock was trading at 2,450 KRW, up 8.17% (185 KRW) compared to the previous trading day.

Infraware is a key strategic partner of Polaris Share. The cryptocurrency 'POLA' of the online knowledge-sharing blockchain platform 'Polaris Share' was listed on Bithumb at the end of last year.

Polaris Share is a knowledge-sharing blockchain platform based on Polaris Office, a global office software with a network of over 100 million subscribers. Beyond simple document sharing services, it evaluates the value of knowledge, enabling knowledge producers to receive rewards and users to access high-quality knowledge at low costs, thereby building an ecosystem. It is currently in the beta testing phase and preparing for a global official launch.

Developed by Singaporean company DCompany, with investments from Infraware and the US blockchain leading company ConsenSys, Infraware, as a key strategic partner of Polaris Share, holds 250 million POLA tokens, which is 5% of the total POLA token issuance.

An Infraware representative stated, "We expect the global knowledge network to grow larger so that over 100 million Polaris Office users worldwide can obtain high-quality content and create new revenue through Polaris Share."

This content was produced with the assistance of AI translation services.