Upbit Tops 100 Institutions; Prosecutors' Office, Community Chest of Korea Join

## Upbit Achieves Feat of Attracting 100 Corporate Clients… Opening New Horizons in the Virtual Asset Market Dunamu, which operates Upbit, a leader in the virtual asset market, is bringing a fresh breeze to the industry by successfully attracting 100 corporate clients for the first time in Korea. This holds significance beyond a mere number. This achievement encompasses all specific types of corporate entities permitted to sell virtual assets for monetization purposes, in accordance with the financial authorities' 'Roadmap for Corporate Participation in the Virtual Asset Market'. Upbit is leading the creation of a legal and sound ecosystem in the virtual asset market by embracing all three permitted types of corporate clients: law enforcement agencies like the Prosecutor's Office, non-profit organizations such as the Community Chest of Korea (Sarangui Yeolmae), and other virtual asset exchanges like Coinone. This attraction of corporate clients is regarded as a crucial turning point that elevates the credibility and transparency of the virtual asset market. In particular, the fact that public institutions and large non-profit organizations are participating in the virtual asset market and can even monetize assets through it demonstrates that virtual assets are no longer the exclusive domain of a few investors but have solidified their status as practical assets that can be utilized across society. Upbit anticipated this trend of change and thoroughly prepared for it. It proactively established advanced KYC (Know Your Customer) procedures and a strict AML (Anti-Money Laundering) system exclusively for corporate clients, and perfectly prepared its corporate screening procedures in line with rapidly changing institutional regulations. Since the official allowance for non-profit organizations to sell virtual assets on June 1st, related transactions have been stably processed on Upbit, proving its readiness. A Dunamu official expressed pride, stating, "Based on our unique experience and know-how accumulated in the individual investment market, we are now securing overwhelming competitiveness in the corporate investment market as well." Indeed, Upbit is differentiating itself by providing premium services optimized for the needs of corporate clients, such as operating a dedicated customer center and establishing a specialized department for them. Furthermore, it plans to continuously expand its corporate client base through close cooperation with its key partner bank, Kbank. Upbit's achievement of attracting 100 corporate clients will be an important milestone leading the future of the virtual asset market. It is expected to play a decisive role in promoting the full-scale participation of institutional investors, increasing the social acceptance of virtual assets, and ultimately building a more mature and sound digital financial ecosystem. Upbit is projected to further solidify its position as the undisputed leader in the South Korean virtual asset market by providing a transparent and stable trading environment.