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ITCEN Global Raises 400 Billion Won for Web3 and STO Expansion

GateNews

2026-05-05 09:16:29

According to Chosun, South Korean listed IT services provider ITCEN Global announced the raising of 400 billion won (approximately 3 million USD) through convertible bonds. ITC Holdings, fully owned by KCGI Innovation Growth ESG Fund, subscribed to the offering. The company will use the proceeds to expand Web3 and security token offering (STO) businesses.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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