[Market Focus] RNT Technology Hits Record High on Blockchain Business Entry
RNT Technology is showing strong performance in early trading.
As of 9:04 a.m. on September 22, RNT Technology was trading at 9,490 won, up 10.22% (880 won) from the previous trading day. During the session, the price rose to 9,670 won, setting a new 52-week high. This surge is interpreted as being driven by increased investor sentiment as the company enters the blockchain business in earnest.
At the "XRP Seoul 2025" Ripple (XRP)·Web3 conference held in Seoul the previous day, RNT Technology was the only domestic KOSDAQ-listed company to set up a booth in the XRP Zone, where it introduced its new business initiatives in cryptocurrency and blockchain.
The company's first project is the next-generation medical data platform "LIFE Networks" by the Medical AI Alliance (MAA), which includes major listed companies in the artificial intelligence (AI) healthcare sector. RNT Technology is providing consulting for the blockchain segment of this project and is exclusively selling nodes.
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RNT Technology, a manufacturer of multilayer ceramic substrates, resolved at a board meeting last month to amend its articles of incorporation to add new business objectives, including: ▲ development and supply of blockchain technology-based software ▲ software sales, sales agency, and brokerage ▲ computer programming services. Alongside this, the company appointed a blockchain expert as an inside director and changed its corporate name to "RNT X" to reflect its new identity.
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