Upbit lists WAL for trading in KRW, BTC and USDT, enhancing market accessibility.
Walrus has secured $140 million in funding and is bolstering its position in blockchain storage solutions.
Selleus shares its development roots with SUI, increasing investors’ confidence in future success.
Upbit, Korea’s largest cryptocurrency exchange, has released a list of WAL trading pairs. Wal, a native token, is now available for trading in Korean Won (KRW), Bitcoin (BTC), and Tether (USDT) pairs. The move comes as blockchain storage protocol Salrus secures $140 million in funding to further strengthen its presence in the industry.
The Wal Trading Pair will be live on Upbit
Walrus, the blockchain storage protocol behind WAL, aims to revolutionize the distributed storage of blockchain applications. We hope to increase efficiency and security for the industry by providing alternatives to traditional storage solutions.
Upbit’s decision to introduce the Wal Trading pair is a major milestone in the walrus ecosystem. As Korea is one of the most active crypto markets, this list is expected to drive significant trading volumes.
Upbit, Korea’s largest crypto exchange, has announced the launch of a trading pair of Wal’s Korean Won, BTC and USDT. Walrus, a blockchain storage protocol, has previously announced it has completed its $140 million funding. This is from the same development team as SUI.
– WU Blockchain (@wublockchain) March 27, 2025
By including multiple trading pairs of KRW, BTC and USDT, investors choose their preferred method of buying and selling WALs, increasing accessibility. Market analysts believe this list could increase Wal’s liquidity and potentially raise prices.
Selles has secured $140 million in funding
Listing News follows Walrus’s recent announcement that it has completed a $140 million funding round. The funding underscores the strong investor’s trust in walruses, which serve as a blockchain storage protocol.
What intrigues the walrus even more is that it comes from the same team behind the well-known blockchain project, SUI. Due to the high reputation of SUI, investors are hoping for the walrus to succeed.
However, Upbit says it will take time to ensure sufficient liquidity before full trading support becomes available. Until then, traders are looking forward to further updates.
Upbit Deposits and Transaction Rules
Upbit also shares important details about deposits and transaction restrictions. WAL transactions are only supported over SUI networks, and users must ensure that they are using the correct network before creating a deposit.
Deposits or openings made before a price is set on CoinMarketCap will specifically verify Traveler on an amount of more than $1 million.