Initech has announced the creation of a new subsidiary, "Kcle One," specifically focused on developing and managing its Korean Won stablecoin, KRWIN. According to Money Today, the subsidiary is slated to be operational by mid-August, signaling Initech's commitment to expanding its presence in the digital asset space. Kcle One's Revenue Models: Kcle One intends to pursue four key revenue streams: KRWIN Issuance and Reserve Management: Overseeing the creation and backing of the KRWIN stablecoin. Overseas Remittance and Settlement: Facilitating cross-border transactions using KRWIN. Real Economy Payments: Integrating KRWIN into everyday payment systems. DeFi Operations: Participating in decentralized finance (DeFi) platforms and protocols. By establishing Kcle One, Initech aims to aggressively pursue new opportunities within the digital asset ecosystem, positioning itself as a key player in the stablecoin market. ```