TROOPS, Inc.

VIA EDGAR

September 1, 2023

U.S. Securities & Exchange Commission

Division of Corporation Finance

Office of Finance

Washington, D.C. 20549

Attn: Madeleine Mateo and Tonya Aldave

Re: TROOPS, Inc.. Registration Statement on Form F-3, as mended Initially filed July 7, 2023, as amended File No. 333-273175

Ladies and Gentlemen:

Pursuant to Rule 461 under the Securities Act of 1933, as amended, TROOPS, Inc. (the “Registrant”) hereby requests acceleration of effectiveness of the above referenced Registration Statement so that it will become effective at 5:00 p.m. ET on September 6, 2023, or as soon as thereafter practicable.

Please note that we acknowledge the following:

· should the Securities and Exchange Commission (the “Commission”) or the staff, acting pursuant to delegated authority, declare the filing effective, it does not foreclose the Commission from taking any action with respect to the filing;

· the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the filing effective, does not relieve the Registrant from its full responsibility for the adequacy and accuracy of the disclosure in the filing; and

· the Registrant may not assert staff comments and the declaration of effectiveness as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.

Very truly yours,

/s/ Raleigh Siu Lau

Raleigh Siu Lau

President and Chief Executive Officer

cc: Lawrence Venick, Esq., Loeb & Loeb LLP