Key Takeaways
- Upbit, South Korea’s largest crypto change, is launching a blockchain community referred to as ‘Giwa’ chain.
- This transfer signifies Upbit’s entry into blockchain infrastructure improvement, increasing its enterprise past change providers.
Dunamu, the corporate behind South Korea’s main crypto change Upbit, is rumored to be growing a brand new blockchain challenge underneath the title GIWA, based on newly surfaced trademark filings.
The trademark functions cowl blockchain software program, digital asset infrastructure, and crypto-related applied sciences. Each filings embrace stylized logos alongside the GIWA title, suggesting improvement of a branded blockchain platform or ecosystem.
Business observers recommend Dunamu could also be growing its personal layer 1 or layer 2 blockchain community to help digital property, on-chain functions, or next-generation identification techniques. The corporate has not made any public statements about trademark filings.
The information comes as Dunamu prepares for its annual UDC 2025 (Upbit D Convention) scheduled for September 9 in Seoul on the Grand InterContinental Seoul Parnas.
Eric Trump and former US Congressman Patrick McHenry are among the many high-profile audio system at UDC 2025, alongside executives from stablecoin issuers Tether and Ripple. The convention focuses on blockchain innovation, digital asset regulation, stablecoins, and the mainstream adoption of blockchain expertise.
