South Korea's Five Major Exchanges Have 6,590 Corporate Accounts, Bithumb Accounts for Nearly Half

As of the end of July, the five major virtual asset exchanges in South Korea (Upbit, Bithumb, Coinone, Digital Asset Exchange, Gopax) have registered a total of 6,590 corporate accounts. Among them, Bithumb has the highest number of registered corporate accounts, reaching 3,280; Upbit's operator Dunamu has 2,086 accounts. The two major exchanges together account for 5,366 corporate accounts, or 81.4% of the total. Among other exchanges, Korbit has 620 accounts, Coinone has 539, and Gopax has 65. There are a total of 711 corporate accounts that have completed customer identity verification (KYC), accounting for 10.8% of all corporate accounts. Upbit has the most with 290; Bithumb has 199, Korbit has 184, and Coinone and Gopax have 33 and 5, respectively. The total virtual asset holdings of corporate accounts in South Korea amount to approximately 43.377 billion KRW, equivalent to about 31.2 million USD, with Upbit holding the largest share at approximately 27.08 billion KRW, accounting for 62.4% of the total; Bithumb holds about 6.29 billion KRW, and Coinone holds about 5.15 billion KRW. The total deposit scale of corporate accounts is approximately 9.13 billion KRW.