X @s4mmy
s4mmyยท2025-09-25 06:55
User Base & Market Penetration - Naver boasts 39 million users [1] - UpBit has 9 million registered users [1] - UpBit's user base represents approximately 23% of Naver's user base (9 million / 39 million) [1] Strategic Move & Industry Impact - Naver is consolidating UpBit into a single South Korean "Super App", which is perceived as bullish for the cryptocurrency market [1] - The integration of UpBit into Naver's "Super App" aims to facilitate trading, payments, and daily living functionalities [1] - The acquisition and integration of UpBit by Naver, one of South Korea's largest corporations, signifies a major step towards mainstream adoption of cryptocurrency [1]