Upbit will open on Nasdaq after merging with Naver.

Upbit Focuses on Nasdaq IPO

South Korea-based cryptocurrency exchange Upbit plans to go public on the Nasdaq stock market after 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 strengthen the company's financial power and facilitate access to international investors.