Crypto
ITCEN Global completes pilot issuance and redemption test for gold-backed stablecoin KGLD
ITCEN Global said on Sept. 28 it has built an issuance and redemption system for its gold-based real-world asset token KGLD and completed verification, including pilot issuance and redemption into physical gold. The company is in talks with multiple domestic and overseas exchanges about listing and is also reviewing the timing of a formal service launch in connection with exchange listings. It aims for use in both domestic and global markets.