Search results for Korea Gold Exchange Digital Asset
AI & Enterprise
ITCEN Global posts first-half revenue of 5.58 trillion won, operating profit 107.5 billion won
ITCEN Global said on Aug. 13 its consolidated first-half revenue totalled 5.58 trillion won, up about 92 percent from a year earlier. The company said growth was supported by balanced gains in its Web3 and IT services businesses, including units such as Korea Gold Exchange, ITCEN CTS and ITCEN ENTECH. Operating profit rose 94 percent to 107.5 billion won and net profit increased 153 percent to 109.8 billion won.
Crypto
ITCEN Global steps up Web3 commercialisation from tokenised gold to stablecoins
ITCEN Global said on Wednesday its blockchain-based Web3 businesses being pursued with key affiliates, including Korea Gold Exchange and Korea Gold Exchange Digital Asset, have entered a practical commercialisation stage. The company is pursuing a project to issue 50 tonnes of physical gold as on-chain assets within five years and build a 10 trillion won ecosystem. It is expanding its KGLD gold RWA token and moving into security tokens and stablecoins through partnerships.
Crypto
Korea Gold Exchange Digital Asset, Hana Bank expand Hana Gold Trust eligibility to 18K, 14K
Korea Gold Exchange Digital Asset said on Sunday it will expand the list of items eligible for the Hana Gold Trust it operates with Hana Bank to include 18K and 14K gold, in addition to 24K. Eligible items include gold bars and jewellery such as rings and necklaces, with a minimum deposit weight of 30 grams. Deposited gold can be converted into a standard asset and returned as a 99.99 percent new gold bar after a one-year term.
