Various constructions for quantum groups have been generalized to ıquantum groups. Such generalization is called ı-program. In this paper, we fill one of parts in the ı-program. Namely, we provide an equivariant K-theory approach to ı-quantum groups associated to the Satake diagram in (1), which is the Langlands dual picture of that constructed in [BKLW14], where a geometric realization of the ı-quantum group is provided by using perverse sheaves. As an application of the main results, we prove Li's conjecture [L18] for the special cases with the satake diagram in (1).