Upbit’s Parent Company Unveils GIWA Blockchain with Global Ambitions

Dunamu has officially launched GIWA, a Web3 infrastructure brand centered on an Ethereum Layer 2 blockchain, exceeding market expectations at the Upbit Developer Conference on Tuesday in Seoul. The announcement clarified months of speculation while revealing ambitions far beyond initial industry predictions. Beyond Regulatory Constraints GIWA Chain follows successful tokenless blockchain models like Coinbase’s Base, focusing on utility over speculative mechanisms. Industry analysts had theorized that Korean regulatory requirements would limit Upbit to launching only a restricted Layer 2 solution source: https://beincrypto.com/dunamu-unveils-giwa-blockchain-with-global-ambitions/