ITCEN Global Raises 400 Billion Won for Web3 and STO Expansion

GateNews

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.

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