South Korean tech giant Naver is launching its first crypto wallet, Naver Pay Wallet, in partnership with blockchain company Chiliz.

- Chiliz, a Layer 1 blockchain that supports fan tokens, announced the news in a post on X on August 29.

- The wallet is available to over 33 million Naver users.

- Naver operates the most popular search engine in South Korea.

The wallet is in beta and is non-costodial, meaning users retain their private keys.