Bithumb, South Korea’s second-largest cryptocurrency exchange, has announced the listing of Across Protocol (ACX) for trading against the Korean Won (KRW). Trading will officially open at 6:00 PM local time.
What Is Across Protocol (ACX)
Across Protocol is a blockchain interoperability platform that aims to improve how blockchains communicate and transfer data or assets across different networks. As decentralized finance (DeFi) continues to grow, seamless movement between blockchains becomes more important. ACX facilitates fast and secure transfers between Ethereum and other blockchains, making it a valuable tool in the DeFi ecosystem.
Strategic Importance for South Korean Market
Bithumb’s decision to list ACX shows a growing interest in interoperable blockchain solutions among Korean investors. As South Korea continues to be a key player in the crypto market, providing access to advanced protocols like ACX helps maintain the country’s strong position in the industry. The listing is expected to attract both retail and institutional traders who are looking to diversify into assets with strong use cases in cross-chain functionality.
The listing of ACX on Bithumb opens new opportunities for South Korean investors, reinforcing the country's position in the world of decentralized finance and interoperable solutions.