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ICONLOOP Raises 10 Billion WON, Will Start Identity Service

South Korean blockchain startup ICONLOOP received 10 billion won (~over $8 million) in a Series A funding round. Many Fintech such as Korea Technology Finance Corporation, T.S. Investment was a part of this investment. As per the financial statistics, this is an investment that is first from the ICONLOOP launch in 2016.

The startup has many plans. The platform intends to launch a new decentralized identity (DID) service called “my-ID”. It will be a digital authentication service. The startup intends to expand the ID to fintech and e-commerce industries.

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ICONLOOP Raises 10 Billion WON, Will Start Identity  Service
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ICONLOOP Raises 10 Billion WON, Will Start Identity Service
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ICONLOOP raises 10 billion WON in series A funding. The platform plans to develop a decentralized identity service my-ID for fintech and e-commerce.
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Coinpedia
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Qadir AK

Qadir Ak - Co-founder of Coinpedia Blog - His interest as crypto Author, Editor, Speaker at cryptocurrency conference has made him known as passionate blogger and startup in Asia.

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