[Click e-Stock] "ITCEN Global's Digital Asset Corporate Value Highlighted"

On August 18, KB Securities projected that ITCEN Global's corporate value would increase as it establishes itself as a digital asset issuer and operator.

KB Securities researcher Lim Sanguk stated, "In June, the GENIUS Act, a key regulatory milestone for stablecoins, was passed in the United States," adding, "This is expected to not only boost the stablecoin value chain but also lead to increased demand for U.S. Treasuries and the dollar."

He continued, "Through its subsidiary Credor, ITCEN Global is conducting coin-related businesses, including the launch of 'GPC (Gold Pegged Coin),' Korea's first stablecoin linked to e-gold," and added, "The company is also expected to prepare for the issuance of stablecoins based on currency linkage."

He further explained, "Stablecoins are backed not only by fiat currency but also by RWA (real-world assets)," and expressed his expectation that "once the stablecoin market fully opens, it will serve as a mid- to long-term growth engine."

Lim emphasized, "ITCEN Global is expected to be re-evaluated in terms of corporate value as Korea's leading digital asset issuer and operator, particularly in the stablecoin sector."

He also noted, "Interest in gold will continue to grow due to economic uncertainty, a weaker dollar, expectations of interest rate cuts, tariff uncertainty, and stablecoin-related issues," and added, "Supported by improved performance from major subsidiaries in the latter half of this year, the company is expected to achieve record-high results for the year."

This content was produced with the assistance of AI translation services.