Upbit will open on Nasdaq following its merger with Naver.

Upbit Focuses on Nasdaq IPO

The South Korea-based cryptocurrency exchange Upbit plans to go public on the Nasdaq following its merger with Naver Finance. According to a report by Bloomberg, this strategic move will be a significant milestone in Upbit's growth objectives.

With the completion of the merger, Upbit aims to play a more active role in the global market. The IPO process will enhance the company's financial strength and make it easier to reach international investors.