ITCEN GLOBAL announced today that its blockchain-based Web3 business, developed with affiliates Korea Gold Exchange and Korea Gold Exchange Digital Asset, has officially entered the commercialization stage. The company plans to tokenize 50 tons of physical gold over the next five years to build an ecosystem valued at approximately 10 trillion won, integrating traditional precious metals with decentralized digital infrastructure.
K GOLD (KGLD), a physical gold-backed RWA token, will serve as the foundation for blockchain-powered financial products including on-chain deposits and collateralized lending. ITCEN GLOBAL plans to issue its first gold-backed token in the third quarter of 2026 and pursue listings on domestic and international cryptocurrency exchanges. The company has also formed an RWA-focused alliance with Japanese stablecoin provider JPYC and trading giant Mitsui & Co. to develop a payment framework connecting the Japanese yen, gold-backed assets, and the Korean won.