The parent company of the South Korean exchange of cryptocurrency Upbit, Dunamu, has filed several brand requests for what would be a new blockchain project under the name of “Giwa”.
Brand applications, which circulate on social networks, including stylized letters next to what could be the project logo.
Rumors seem to come from the X microblogging platform, where a user commented that a friend assistant at the Upbit Developer conference (UDC) Understood that the blockchain will be its own blockchain network.
Since then, several positions have amplified rumors, but no official confirmation has come from Upbit or his parent company Dunamu.
A website linked to the name of the Rumor Blockchain, Giwa, is already live and currently offers a countdown suggesting that the network could be announced in the coming hours. The countdown appears below the text which is read “to come soon”. The countdown coincides with UDC online, because the event is scheduled for September 9 in Seoul, South Korea.
Several other cryptocurrency exchanges have supported their own blockchain networks. These include layer 2 of Coinbase, OKX OKX, the initial binance support for the BSC chain, which then renamed the BNB chain, and others.
More recently, Stripe and Paradigm have unveiled Tempo, a blockchain for stable broadband payments. The project is supported by a list of heavy goods vehicles, including Anthropic, Openai, Revolut and Deutsche Bank.
Coindesk contacted Upbit and Dunamu to comment, but did not hear about the editorial staff of the editorial time.
