Coinone has become South Korea’s first cryptocurrency exchange that teams up with Klaytn’s main net, the nation’s blockchain platform Kakao unveiled this week.

Under the plan, all tokens Klaytn certified would be converted into Klaytn coins on a step by step basis.

However, it has not specified when the coin conversion will take place.

Klaytn’s initial service partners are 34 companies. Out of these partner companies, four firms, including Cosmochain and Airblock, are listed on the cryptocurrency exchanges.

No other cryptocurrency exchanges have unveiled plans to provide token conversion service for Klaytn’s main net.

Many blockchain observers have shown a keen interest in the development of South Korea’s first blockchain platform Klaytn.