Upbit announced zkPass (ZKP) listing for December 26, 2025, with trading pairs against KRW, BTC, and USDT. Deposits and withdrawals were slated to be available within two hours of the listing notice, and trading was set to begin at 5:30 PM local time. ZKP price surged 35% following the listing announcement, with a 24-hour trading range from $0.1198 to $0.2172. The listing generated positive sentiment, with traders viewing the move as validation of zero-knowledge proof technology.
Multiple tier-1 exchanges listed ZKP within a short timeframe, including KuCoin on December 19, BTSE on December 24, and Coinbase announcing support during the same period. Upbit selected zkPass for listing based on the protocol’s regulatory-compliant approach to privacy technology. zkPass operates as a decentralized oracle protocol enabling secure verification of Web2 data on blockchain networks without exposing sensitive user information. The protocol uses zkTLS technology, combining 3-Party Transport Layer Security, Multi-Party Computation, and Zero-Knowledge Proofs.
These components enable use cases such as zero-knowledge KYC authentication, financial record verification, and credential proof systems, with applications requiring regulatory compliance without sacrificing privacy protections. Unlike privacy tokens that face regulatory scrutiny, zkPass is positioned as infrastructure enabling selective disclosure to authorized parties. This addresses regulator concerns about privacy-focused projects while maintaining user data protection. Upbit’s compliance-focused approach as South Korea’s largest regulated exchange shows confidence in navigating privacy token listings responsibly and suggests the due diligence team validated both the technical soundness and the practical utility of the zkPass protocol.
Leave a Reply