Upbit Parent Company Dunamu Files Trademarks for New Blockchain GIWA

Dunamu, the parent company of South Korean cryptocurrency exchange Upbit, has filed trademark applications for a new blockchain project named "GIWA."

The trademark applications include stylized letters and what may be the project's logo.
Rumors originated from a post on X, stating that GIWA could be its own blockchain network.
A website for GIWA is live, featuring a countdown to an announcement coinciding with the Upbit Developer Conference (UDC) on September 9 in Seoul.
Other exchanges have launched their blockchain networks, including Coinbase's Base and Binance's BNB Chain.
Stripe and Paradigm recently revealed Tempo, a blockchain for high-speed stablecoin payments, supported by major partners.

Upbit and Dunamu have not yet confirmed these developments.