As gold prices have rebounded recently, the share price of ITCEN GLOBAL(124500), which has Korea Gold Exchange as a subsidiary, is surging on the 24th.
As of 9:38 a.m. on the day, ITCEN GLOBAL shares were trading on the KOSDAQ at 38,950 won, up 19.66% (6,400 won) from the previous session.
ITCEN GLOBAL has Korea Gold Exchange as a subsidiary. In addition, it said it would accelerate the establishment of the "KGLD (K Gold)" ecosystem, a gold-linked token based on physical gold and a real world assets (RWA) product. The company plans to go beyond issuing gold as digital tokens to connect it into a single financial ecosystem.
Meanwhile, gold prices have been rebounding recently. According to Korea Exchange (KRX), as of 9:41 a.m. on the day, the price of 1 g of fine gold (99.99%) was trading at 206,550 won, up 1.54% (3,140 won) from the previous session.