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IOTRUST surpasses 10 billion KRW in cumulative revenue this year... Accelerating global expansion
Source: DecenterKorea Original Title: IoTrust Breaks 10 Billion Won in Cumulative Revenue This Year ·· Accelerating Global Expansion Original Link: https://www.decenter.kr/NewsView/2H1QN8VM3L/GZ03
IoTrust, a company specializing in digital asset wallets, is continuing its rapid growth with its best-ever performance this year.
IoTrust announced on the 15th that its cumulative sales until October this year surpassed 10 billion won. This is more than double the figure compared to the same period last year.
Especially, thanks to the global success of its flagship product, the D’CENT wallet, the proportion of overseas sales has exceeded 70% of the total. D’CENT is a cold wallet that securely stores digital assets offline, completely eliminating the risk of hacking. Currently, users in over 220 countries are using D’CENT.
A company official stated, “With the growth of the global Web3 market centered in North America, and the surge in demand for personal security, sales of D’CENT wallets have increased evenly across all regions.”
IoTrust expects this growth trend to accelerate further by the end of the year. As of November, only the hardware segment’s cumulative sales have already exceeded 10 billion won. When combined with the year-end peak season effect, total sales for this year are expected to be about three times higher than last year.
A company official said, “Next year, we plan to expand our hardware wallet lineup and accelerate our global expansion even further.”