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BTC $74,704.12 -0.48%
ETH $2,321.27 -1.55%
BNB $628.27 +0.56%
XRP $1.43 +1.48%
SOL $87.59 +2.57%
TRX $0.3256 -0.05%
DOGE $0.0969 +0.27%
ADA $0.2527 +1.15%
BCH $447.79 +1.01%
LINK $9.36 +0.51%
HYPE $43.59 -4.56%
AAVE $112.00 +5.34%
SUI $0.9775 +0.59%
XLM $0.1648 +2.85%
ZEC $332.35 -2.86%

strat

Illustration of Upbit's 10 Web3 Business Partners: Exchange Model Shaped by Korean Regulations

The Web3 asset data platform RootData has outlined Upbit's business partners, which are relatively limited and mainly focused on areas such as blockchain infrastructure and compliance services. This is closely related to South Korea's unique and strict regulatory framework: under a system environment centered on real-name systems, VASP regulation, and anti-money laundering, exchanges are required to take greater responsibility for the flow of funds and user identities, making Upbit more inclined to develop its own systems and build localized capabilities rather than extensively introducing external partners.From the disclosed structure, on the technical side, infrastructure capabilities are strengthened through Lambda256, Aptos, and others; on the compliance level, service providers such as VerifyVASP, Chainalysis, and Crystal Intelligence are introduced; and supplementary funding and liquidity are provided through Circle and Naver Pay. Additionally, Upbit quickly built trading capabilities relying on its cooperation with Bittrex since its launch in 2017.On the branding side, Upbit has explored NFT entertainment collaborations with Hybe and has laid out plans in esports (LCK) and signed top players like Faker, while also becoming a primary partner of the Korean Sports Council. However, as the popularity of NFTs and the metaverse has declined, the influence of related entertainment collaborations has weakened. Related compilation: [Upbit Web3 Partner Network Compilation (continuously updated)](https://cn

Illustration of Binance's 33 Web3 business partners: The self-circulating system of the crypto liquidity center

Web3 asset data platform RootData has outlined Binance's business partners, covering key aspects such as stablecoins, payment channels, blockchain infrastructure, risk control compliance, and application scenarios, forming a cryptocurrency liquidity center centered around "capital flow."Binance, as a self-circulating capital system, has funds entering, flowing, consuming, and settling all within the same system: At the base level, Tether and Circle provide core liquidity; on the entry side, PayPal, VISA, Mastercard, and others continuously introduce new funds; on the blockchain and trading layer, Aptos, TRON, and others enhance asset richness and circulation efficiency; at the same time, Binance maintains compliance capabilities through TRM Labs, Elliptic, and others.All partners serve around "liquidity efficiency." The role of scenario-based partners like Travala, predict.fun, and Four.Meme is to continuously extend the lifecycle of funds within the system, creating a sustainable cycle. In terms of brand strategy, Binance focuses on areas such as F1 (Alpine) and football, and is committed to promoting cryptocurrency education.In addition, Binance is also strengthening the connectivity of the "tool layer," besides the early acquisition of CoinMarketCap, it is also forming synergies with data and analysis tools like RootData and Bubblemaps, gradually incorporating information flow and decision flow beyond capital flow into its ecosystem. Related collection 【Binance Web3 Partner Network Collection (continuously updated)】Note: This statistic does not include Binance token airdrop partners (including Alpha / Holder airdrops and staking yield projects), mainly due to the large number of related collaborations, which are more inclined towards incentives and do not constitute the core business structure.Cryptocurrency projects actively showcasing their partner networks has become a key way to enhance transparency and market trust. It is reported that RootData welcomes Web3 project parties to claim data, and continues to track and open more project business relationship disclosure channels. The platform has continuously released multiple editions of cryptocurrency project ecological maps, nominating Web3 ecosystem partners for upstream clients such as Visa, Mastercard, and Coinbase.If you wish to nominate your project in future ecological maps, please fill out the 【RootData 2026 Industry Ecosystem Mapping】 form to supplement your important clients and partners.

Bit Digital has added 29,900 ETH to its on-chain staking, Riot has sold $102 million in BTC this month, and Strategy's total holdings have increased to 780,000 coins

According to BBX data, there was a surge in on-chain Ethereum staking actions yesterday, with cash flow management by mining companies and the continued increase in purchases by Bitcoin reserve companies intensifying the differentiation trend. The core dynamics are as follows:Bit Digital, Inc. (NASDAQ: $BTBT) confirmed by the on-chain analysis platform Lookonchain on April 13 that the company added approximately 29,900 ETH (approximately $65.3 million) through the Liquid Collective protocol yesterday, bringing the total staking amount for the week to 73,234 ETH (approximately $156.6 million). The company also holds approximately 27 million shares of AI computing infrastructure company WhiteFiber (NASDAQ: $WYFI) (with a market value of approximately $322.1 million as of March 31), forming a "ETH treasury + AI computing" dual-track structure, positioning itself as a "Strategic Asset Company (SAC)."Riot Platforms, Inc. (NASDAQ: $RIOT) as of April 7, sold 1,500 BTC within about five trading days, cashing out approximately $102.3 million, continuing the cash flow management model of selling immediately after mining.Strategy, Inc. (NASDAQ: $MSTR) disclosed on April 13 that the company purchased an additional 13,927 BTC from April 6 to 12, costing approximately $1 billion, with an average price of about $71,902; as of April 12, the company's total holdings reached 780,897 BTC, with a total cost of approximately $59.02 billion (average price of $75,577).
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