The Korean National Police Agency has selected Upbit's parent company Dunamu to custody and seize virtual assets, with a contract period of 1 year

The Korean National Police Agency has selected Upbit's parent company, Dunamu, through public bidding to be responsible for the custody of seized virtual assets, with a contract period of 1 year.

The confiscated digital assets will be managed through the digital asset custody service Upbit Custody, responding in real-time to regulatory infrastructure and conducting custody and management within 365 days. This service employs 100% offline cold wallets, 24/7 monitoring, and introduces MPC, DKG multi-key management, and multi-signature technology to ensure asset isolation and security.