Upbit Discloses Digital Asset Holdings of Dunamu & Partners
Upbit, a global standard digital asset exchange, has reaffirmed its commitment to promoting a safe and transparent trading environment in the digital asset/blockchain industry. In line with this objective, Upbit announced that if a digital asset invested by Dunamu & Partners is supported for trading on the platform, there will be a three-month restriction on selling that asset from the initial trading support date.
Following this period, any changes in the holding amount of the digital asset will be disclosed through Upbit’s official announcements at the end of each month. As part of this disclosure practice, Dunamu & Partners has released its digital asset holdings for October 2023.
Digital Asset Holdings Disclosure
The disclosure includes information about Dunamu & Partners’ holdings of Bitcoin (BTC) acquired through exchange trades. The disclosure also includes the wallet addresses associated with these held digital assets.
Details of Dunamu & Partners’ Digital Asset Holdings:
- Holder: Dunamu & Partners
- Digital Asset Type: BTC
- Investment Date: February 19, 2021
- Upbit Trading Support Date: October 24, 2017
- Quantity of Digital Asset Held: 2,081.84950412 BTC
- Cumulative Sales Volume: No transaction history
- Wallet Addresses:
- 1CqkZMD1BKZGAiFhRV7GmBRVB7xEgxi7qY
- 14mHARtJMifbK1wRKjtVpmt95ixucSiW5c
- Holding Purpose: Holding digital assets acquired through exchange trades with LUNC (formerly LUNA)
Upbit emphasizes its commitment to maintaining a transparent and healthy trading environment for its users.
Hot Take: Upbit Sets the Bar for Transparency in the Digital Asset Industry
Upbit’s decision to disclose the digital asset holdings of Dunamu & Partners is a commendable step towards transparency in the industry. By providing detailed information about the holdings, including wallet addresses, Upbit demonstrates its commitment to fostering trust and confidence among traders.
This disclosure practice sets a precedent for other exchanges and investment firms to follow suit. It allows investors to make informed decisions based on accurate and up-to-date information.
Overall, Upbit’s dedication to creating a safe and transparent trading environment is a positive development for the digital asset industry as a whole.
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