Search results for Geumbang Geumbang
AI & Enterprise
ITCEN Global says first-quarter revenue doubles, targets future finance with digital gold and stablecoin
ITCEN Global said on Thursday its first-quarter consolidated revenue totalled 3.29 trillion won, about 100 percent higher than a year earlier. It said its Web3 unit, led by Korea Gold Exchange, and its IT services business drove growth. Operating profit rose 193 percent to 99.2 billion won and net profit climbed 178 percent to 72.7 billion won. The company outlined plans for digital gold, a gold-backed wallet app and Japan-linked stablecoin research.
Crypto
ITCEN launches gold-backed account service
ITCEN Global said on Feb. 19 it has launched a gold-backed account service tentatively named Gold Standard Wallet as it ramps up a real-world asset project digitising 10 trillion won worth of physical gold. The financial app uses KGLD, a token whose value is linked 1:1 with physical gold. It offers digital storage, 1 to 3 percent annual interest through token deposits and loans of stablecoins backed by gold collateral.
AI & Enterprise
Korea Gold Exchange selects award-winning actor Lee Je-hoon as brand model
Korea Gold Exchange said on Saturday it has appointed actor Lee Je-hoon as its new exclusive brand model and will begin full-scale marketing activities. Lee will front advertising aimed at promoting the credibility of the company’s high-purity gold bars and the mobile gold trading platform Geumbang Geumbang, with a message stressing that gold trading should be done at a trustworthy place. The ads will roll out across TV, YouTube and social media.