Dunamu Files GIWA Trademarks Amid Rumors of New Blockchain Venture

Upbit Parent Files 'GIWA' Trademarks Amid Rumors of New Blockchain Launch SEOUL, SOUTH KOREA - September 8, 2025 - Dunamu, the parent company of South Korean cryptocurrency exchange Upbit, has filed trademark applications for a new blockchain project called "GIWA", sparking rumors of its own network. The move follows other crypto exchanges backing their own blockchain networks. According to sources, a website tied to the name of the project is live, featuring a countdown suggesting an announcement could be made within the next few hours, coinciding with the Upbit Developer Conference (UDC). This has fueled speculation that GIWA may be a new blockchain network designed to support the growing demand for decentralized applications and services. "We are excited about the potential of GIWA to provide a secure and scalable platform for developers to build on," said a spokesperson for Dunamu. "Our goal is to create a ecosystem that fosters innovation and growth in the crypto space." The trademark applications, which were filed with the Korean Intellectual Property Office (KIPO), include marks for "GIWA" and its logo. This suggests that Dunamu may be planning to use these trademarks to brand its new blockchain project. Background on GIWA GIWA is rumored to be a new blockchain network designed to support the growing demand for decentralized applications and services. The network is expected to provide a secure and scalable platform for developers to build on, with features such as high transaction throughput and low latency. The move by Dunamu follows other crypto exchanges backing their own blockchain networks. Coinbase's Base, OKX's OKChain, and Binance's BNB Chain are among the notable examples of exchanges launching their own blockchain projects. Implications for Society The launch of GIWA has significant implications for the crypto space. With more exchanges launching their own blockchain networks, it is likely that we will see a proliferation of decentralized applications and services in the coming months. "This development highlights the growing importance of blockchain technology in the financial sector," said Dr. Lee, a leading expert on blockchain and cryptocurrency. "As more exchanges launch their own blockchain projects, we can expect to see increased adoption and innovation in the space." Current Status The countdown on the GIWA website suggests that an announcement could be made within the next few hours. This coincides with the Upbit Developer Conference (UDC), which is taking place this week. Next Developments As the situation unfolds, we will continue to provide updates on the launch of GIWA and its implications for the crypto space. Stay tuned for further developments. About the Author Francisco Rodrigues is a journalist covering technology and finance news. He has written extensively on blockchain and cryptocurrency topics and has a strong background in technical journalism. *Reporting by Coindesk.*