[Market Feature] HancomWITH Shares Surge on Gold Exchange Subsidiary as Gold Tops $5,500

As gold prices continue to soar day after day, investor interest is also focusing on HancomWITH, which owns a gold exchange.

As of 9:41 a.m. on January 29, HancomWITH shares were trading at 6,350 won, up 9.67% from the previous day. The surge in international spot gold prices, which reached $5,588.71 per troy ounce during the session, appears to be driving demand for HancomWITH, which owns the subsidiary Hancom Gold Exchange.

HancomWITH, which serves as the holding company of Hancom Group, is combining the gold distribution network of Hancom Gold Exchange with its own security technology to operate a gold real-world asset (RWA) business. The strategy is to create a digital environment where anyone can easily invest in gold by overcoming traditional limitations such as the inconvenience of storing physical gold and the opacity of transaction processes. Recently, the company has also been evaluated as having maximized both sales and profitability, as soaring gold prices have led to a sharp increase in gold demand.