South Korea’s Upbit will list zkPass (ZKP), a privacy-focused data verification protocol based on zero-knowledge proofs, with KRW, BTC, and USDT trading pairs. Bithumb will also list zkPass, offering a KRW trading pair. The listings come amid rising interest in privacy-preserving technologies within the cryptocurrency space, as investors seek secure data verification without exposing personal information.
The market reaction was swift, with zkPass rising about 35% in 24 hours, from $0.1198 to $0.2172 after the announcement. Upbit’s listing is expected to increase the token’s liquidity and visibility, potentially expanding its user base. Bithumb’s support reinforces zkPass’s exposure in South Korea’s crypto market.
zkPass uses zero-knowledge proofs to enable private data verification without revealing underlying information. For example, it can verify age without displaying a birthdate. Recent upgrades include a production-level zkTLS setup, faster proving capabilities, a full developer kit, and greater capacity for private proofs.
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