Korean blockchain firm and ICX coin developer ICONLOOP to attempt IPO (김종협 동문)
South Korea-based ICONLOOP, the founder of cryptocurrency technology ICON and crypto token ICX, is out to join the mainstream market by going public on Kosdaq market next year as the first Korean origin to attempt both ICO (initial coin offering) and IPO.
According to an investment banking industry source on Monday, ICONLOOP has recently selected Mirae Asset Daewoo Co. as its initial public offering (IPO) lead manager. It aims to debut on the tech-oriented Kosdaq as early as next year by capitalizing on the fast-track procedure that exempts companies with promising technologies from typical market formalities and guidelines in capital and income.
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