| The logo of Upbit is seen in front of its headquarters in Seoul. Courtesy of Dunamu |
By Lee Min-hyung
Upbit, the nation's largest crypto exchange, is participating in the world's largest blockchain fair, Consensus 2023, in the United States, as part of efforts to introduce Korea's digital assets market to its global counterparts.
According to Dunamu, the operator of Upbit, this is the first time for a Korean digital asset exchange to take part in the world's most influential crypto event as a sponsor. The Consensus 2023 is hosted by CoinDesk from April 26 to 28 in Austin, Texas.
Dunamu said it will showcase Korea's finest digital assets exchange on the global stage. Participants from 112 countries are expected to visit the event venue. Upbit's booth number is 1303 on the expo floor, located near the main stage. The company will introduce Upbit's influence here and abroad and expand its global networks by promoting its efforts to support the growth of Korea's blockchain industry.
Launched in October 2017, Upbit is the largest and most dominant digital asset exchange in Korea. The crypto exchange has since focused on building a more transparent, user-friendly and secure trading environment here.
Upbit is also the first licensed digital asset exchange in Korea and holds more than 80 percent of the market share here. The number of its users tops 10 million. According to The Block, a crypto-focused media company, Upbit is the largest company in the global fiat market, and the second-largest in the spot market in terms of trading volume.
“We are very excited about the latest opportunity, as Consensus 2023 will be a great chance to introduce Upbit to the global audience,” a spokesperson at Dunamu said. “We will continue to give our best to solidify Upbit's position as the most trusted global standard digital asset exchange.”
For this year's Consensus, participants will discuss diverse and trendy themes in the global blockchain industry, such as Web 3.0 and metaverse.