IoTrust awarded the '$2 million Export Tower'… records more than double year-on-year growth

Bloomingbit Newsroom

Summary

  • IoTrust announced that it received the $2 million Export Tower and recorded more than double the growth compared to the previous year.
  • It stated that its flagship product, the cold wallet 'D'CENT', led to increased demand alongside the global expansion of the digital asset market.
  • More than 70% of its sales are generated in overseas markets, and IoTrust said it is strengthening its global influence as the country's only cold wallet manufacturer.
Photo=IoTrust
Photo=IoTrust

Digital asset wallet specialist company IoTrust (IoTrust) said on the 8th that it received the '$2 million Export Tower' at the 62nd Trade Day ceremony hosted by the Korea International Trade Association.

This award follows last year's '$1 million Export Tower' and is an achievement for two consecutive years. In particular, this year it recorded export performance more than double that of the previous year, proving a steep growth trend.

IoTrust's flagship product is the cold wallet 'D'CENT' (D'CENT) for securely storing digital assets. A cold wallet acts as a 'digital safe' that stores assets offline to fundamentally block hacking risks.

Recently, as the global market for digital assets, including Bitcoin, has expanded, demand has surged for individuals to securely manage their assets directly. Accordingly, security-specialized 'cold wallets' have fully established themselves as a global trend, which drove IoTrust's performance increase.

Notably, IoTrust is the only company in Korea that manufactures cold wallets directly. Founded in 2017 and now in its ninth year, IoTrust has quietly built up technical expertise and proven its business track record amid the ups and downs of the rapidly changing digital asset market.

Based on this technical trust, IoTrust's true value was first recognized in overseas markets. Currently, more than 70% of IoTrust's total sales occur overseas, and it has grown into a global security solution used by users in over 220 countries. The security device made by a Korean company has thus become a core infrastructure protecting investors' assets around the world.

A spokesperson for IoTrust said, "Our goal is to provide a digital asset management experience that users around the world can trust the most, beyond simply selling products," and added, "As the only hardware wallet manufacturer in Korea, we will take pride in that and further expand our influence in the global market."

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