South Korean crypto exchange Upbit has disclosed its ownership of a significant Bitcoin reserve – 16,839 BTC. This public revelation adds to the growing list of exchanges highlighting their reserves as a signal of market stability and investor confidence. Dunamu, Upbit’s parent company, emphasizes that this transparency comes from a commitment to operational resilience and security protocols for greater trust among investors. Upbit’s announcement follows a trend of leading exchanges prioritizing transparency in an effort to build broader market trust. This action could influence other exchanges and institutions, potentially prompting regulatory scrutiny and heightened demands for market transparency.