Earlier today, we revealed that ICONLOOP, ICON’ technical partner has been chosen to receive funding from the $100 Million USD Fintech Innovation Fund.
The team shared a tweet in which they made the announcement and made enthusiasts excited.
BREAKING: ICONLOOP, ICON’s @helloiconworld technical partner, has been selected to receive funding from the $100 Million USD Fintech Innovation Fund.
This is a fund of K-Growth, one of Korea’s largest fund-of-funds, supported by the Korean Government. 🇰🇷 #ICX /1 pic.twitter.com/0T5CTVzZUx
— Markus | ICON Hyperconnect P-Rep (@markusjayvc) June 5, 2020
ICONLOOP CEO talks about the news
The ICONLOOP team also posted an interesting interview from the CEO of ICONLOOP about this amazing piece of news.
A great interview from the CEO of ICONLOOP, JH Kim @extendjh, regarding the freshly released news of investment from the $100 Million USD Fintech Innovation Fund of K-Growth, backed by the 🇰🇷 government. $ICX @helloiconworld
You don’t want to miss this 👉 https://t.co/MpLueyoDqn pic.twitter.com/NagK6jpMhN
— Markus | ICON Hyperconnect P-Rep (@markusjayvc) June 5, 2020
The feedback gotten by the followers was great and someone even said that ICON is definitely the main blockchain solution for South Korea.
“Wow, some industry heavy weights, not to mention the NTS, Korea Postal Service and the Seoul Metropolitan Government. Kyobo life insurance (one of the big 3) Seems ICON is the main blockchain solution for South Korea. Very nice!” the Twitter user said.
https://youtu.be/3LP54N9s3uI
Check out the complete interview in the video above in order to learn all the details.
ICONLOOP is a tech firm that’s based in Seoul, and the company is specialized in the design and implementation of the blockchain technology. ICON is a project that has been developed by the company but it is not owned by them.
In other news, another issue worth noting is an upgrade announced by ICON recently.
It’s been just revealed that the ICON Vote Monitor got a better UI and more.

