Upbit Rolls Out GIWA, Its Ethereum Layer 2 Blockchain for Faster Crypto Scaling

TLDR: Upbit officially introduced GIWA, an Ethereum Layer 2 blockchain, during its 2025 digital conference. GIWA is built to enhance scalability and speed, tackling Ethereum’s network congestion issues. The blockchain will support dApps and DeFi platforms while offering low-cost transactions. GIWA reflects Upbit’s deeper move into infrastructure beyond crypto exchange services. Upbit has formally entered [...]

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