Digital Asset reported that Upbit and Bithumb, the top two virtual asset exchanges in Korea, have newly listed 89 digital assets on the KRW market over the past 1 year and 7 months. Considering that the total number of newly listed digital assets on both exchanges during the same period was 217, it can be seen that 41% of the new listings over 1 year and 7 months overlapped. It was found that Upbit announced first and Bithumb followed in 42 cases, while Bithumb announced first and Upbit followed in 47 cases. The median time taken for follow-up listings was approximately 1 hour for Bithumb and approximately 33 days for Upbit, indicating that Bithumb, the second-ranked operator, is more actively following Upbit's new digital asset listings.
