[Edaily Marketin, Reporter Kim Yeon-seo] #ITCenGlobal is expanding its blockchain-based Web3 business—currently being developed in collaboration with the Korea Gold Exchange and Korea Gold Exchange Digital Asset—into the commercialization phase.
(Logo: ITCEN Global)
On the 18th, ITCEN Global announced that it is pursuing a “digitization of value” strategy—converting physical assets into digital assets—and is now fully entering the global real-world asset (RWA) market.
The company plans to issue 50 metric tons of physical gold as on-chain assets within the next five years and build an ecosystem valued at 10 trillion won. The core asset is the gold-backed RWA token “K-Gold (KGLD).” KGLD is expanding into financial services such as on-chain deposits and collateralized loans, and recently completed a proof of concept (PoC) with a major payment gateway (PG) provider.
ITCEN Global has also completed trademark applications for gold-based tokens such as KGLD, CENG, KRWgc, and USDgc, as well as silver-based tokens including KSVR, XAGC, XAGT, and CENS, to issue virtual assets pegged 1:1 to physical assets. Based on this, the company plans to launch its gold tokens by the third quarter of this year and is preparing for listings on domestic and international exchanges.
The company is also expanding its security token offering (STO) business. ITCEN Global is enhancing its STO-dedicated infrastructure based on the Korea Gold Exchange’s gold distribution network and storage infrastructure. It is also establishing a regulatory compliance framework through cooperation with relevant agencies. Going forward, the company plans to expand its STO lineup to include non-traditional assets such as gold, rare metals, and raw materials.
The company is also pursuing a stablecoin business in parallel. ITCEN Global is collaborating with Japanese stablecoin firm JPYC and Mitsui & Co. to build a payment system linking the yen, gold, and the Korean won. As a vice-chair company of the Open Blockchain & DID Association (OBDIA), authorized by the Ministry of Science and ICT, it is also participating in policy proposals for won-pegged stablecoins and discussions on utilization models.
Through its special purpose company (SPC), KGE Holdings, ITCEN Global holds a 67.3% stake in both the Korea Gold Exchange and the Korea Gold Exchange Digital Asset. Based on this ownership structure, the company plans to comprehensively advance its gold coin, STO, and stablecoin businesses.
An ITCen Global official stated, “2026 will be the year when the Web3 strategy we have been preparing bears practical fruit,” adding, “Based on a stable corporate governance structure, we will establish unparalleled RWA infrastructure across all areas—including gold coins, STOs, and stablecoins—and establish them as the company’s core future growth engines.”
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