Upbit to open NEXO/USDT trading at 1:00 p.m. UTC

Upbit has scheduled NEXO for USDT trading from 1:00 p.m. UTC today, expanding direct access to the Nexo platform’s utility token on South Korea’s largest cryptocurrency exchange by volume. Separately, Bithumb pushed the NEXO/KRW launch to 6:00 a.m. UTC from the earlier 4:00 a.m. UTC plan after an internal adjustment. NEXO supports a crypto lending and borrowing service that offers interest on digital assets and loans backed by crypto collateral, with a fixed supply of 1 billion tokens partly allocated to dividends and loyalty rewards. Listings on major Korean venues can raise visibility and volume and have at times preceded short-term volatility, though results depend on broader market conditions. The dual developments widen local trading access amid strong retail participation in South Korea’s digital asset market.

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