Upbit Singapore Pte. Ltd. is the Singapore-based subsidiary of Upbit, South Korea's largest cryptocurrency exchange, which is operated by Dunamu Inc. The Singapore entity was established to expand its services into the Southeast Asian market, targeting both institutional and retail investors. It focuses on providing a secure and reliable platform for trading digital payment tokens. In October 2023, the company received an in-principle approval (IPA) for a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS), a significant step towards becoming a fully regulated digital asset exchange in the jurisdiction.

Founded in

South Korea