Upbit Shifts Focus to GIWA Chain Testnet Launch, Potential Impact on Crypto Tokens

Upbit, a prominent South Korean crypto exchange operated by Dunamu, has shifted its focus towards the launch of the GIWA Chain’s testnet. The platform is utilizing Optimistic Rollup technology for this new project, which aims to enhance liquidity and developer integration within the blockchain ecosystem. This could have significant implications for major tokens like Ethereum (ETH) and Arbitrum (ARB). Upbit highlights its commitment to advancing Korea’s role in Web3 through this strategic initiative.