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Cryptopolitan 2019-10-10 18:01:56

ICONLOOP raises ₩10 billion in latest funding round

One of the largest South Korean blockchain firms, ICONLOOP, has announced that the company raised ten billion Korean Won (over 8 million USD). The company’s Series A funding saw participation from numerous South Korean companies, including the Korea Technology Finance Corporation (KOTEC). T.S. Investment also took part in the financing round. With the latest pump of funds, the company will focus on developing its Decentralized ID (DID) service dubbed as my-ID. The company will also work on expanding the my-ID Alliance. my-ID is still in development and planned for launch in the first half of the next year. my-ID is

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