"Couldnt find much info out about ICON, here's a well informed X/post from their subreddit (/r/helloicon, credit /u/sendmeurcoins)
Facts & Sources:
Icon is created by DAYLI financial group. Here, Ripple announces a partnership with DAYLI Financial Group (DFG)
https://twitter.com/Ripple/status/907426321650692096Here's proof that DFG is the company backing Icon
https://twitter.com/helloiconworld/status/907461923330863105?lang=en27 Financial firms in Korea have decided to partner with DAYLI. These include super legit banks like Daishin Securities, which have close to a $1B USD market cap and 185 employees on Linkedin. Kiwoom, another partner, has a market cap is well over $1.5b USD. The others also manage billions or hundreds of millions US.
ICON signed an agreement with Woori (appears to be the second largest bank in Korea) to create something like Tether but for the Korean Won. (Mandatory for market liquidity)
Being backed by DFG and theloop potentially gives them access to these partners in future communications:
http://davinci.dayliig.com/#usecase https://www.theloop.co.kr/partnersThey are part of the Korean Financial Investment Association
They own Coinone, the second largest crypto exchange in Korea.
http://daylifg.com/business (Click on cryptocurrency and then look under trading)
They have a partnership with multiple universities including Sogang University:
https://www.theloop.co.kr/businessThere is some sort of insurance consortium with hospitals and insurance companies:
https://www.theloop.co.kr/business2017 Q4 Announcements to come in the next two weeks:
Main Net Launch
DEX launch
Wallet Launch
Very excited to see what this team accomplishes!"