ICONLOOP continues to earn the confidence of investors.

The leading South Korean blockchain company announced last week that it secured KRW 6 billion (about USD 5 million) in bridge round funding.

With the latest score, ICONLOOP has secured a total of KRW 16 billion (appr. $13.4 million).

Some seven investment companies took part in the latest funding: K-Growth, Danal Holdings, Kiwoom Investment, KClavis Investment, TS Investment, KoreaAsset, and Pathfinder H.

K-Growth, which had previously used its KRW 120 billion fintech innovation fund to directly invest in ICONLOOP, led this round of investment, too. The state-invested fund-of-funds is reportedly impressed with the blockchain company’s growth potential ahead of the launch of its DID service “MyID,” set for the third quarter.

A K-Growth spokesperson said at the time of the announcement that ICONLOOP was the only company with a DID solution that could be immediately deployed in the financial sector.