ICONLOOP

ICONLOOP, formerly theloop, is a tech company specialized in the implementation and design of blockchain technology.

ICONLOOP builds Hyper-Connected Society of industries with proprietary blockchain core engine, loopchain.

ICONLOOP was founded in 2016 and is based in Seoul, Seoul, South Korea. ICONLOOP is a subsidiary of DAYLI Financial Group.

ICONLOOP targets both scalability and security to maximize the utility of blockchain technology. Based on a proprietary blockchain engine, loopchain, ICONLOOP leads diverse innovations in financial transactions, and digital currency.

ICONLOOP aims to acquire both scalability and security in existing platforms and maximize the utility of blockchain technology with SCORE Smart Contract, LFT Algorithm, Tiered System, Multi Channel and Modular Architecture.

ICONLOOP led transition and commercialization of blockchain-based authentication, trading and post-trading systems for financial investment consortium partners.

ICONLOOP, based on self-developed blockchain engine, loopchain, is a technology partner of Korea Financial Investment Association, Kyobo Life Insurance, and P-HIS consortium, leads diverse innovations in financial transactions, digital currency and IoT(Internet of Things).

 

ICONLOOP is backed by Korea Technology Finance Corporation, T.S. Investment and others. The company has raised a total of $8M from a single "Series A" financing on Oct 10, 2019.

 

 

  • Year founded: 2016
  • Funding Info: $10M over 1 Round (Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Seoul
  • State: Seoul
  • Country: South Korea
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