Dunamu to Undertake Custody Business for Virtual Assets Seized by Korean National Police Agency

TechFlow News, August 07, according to Digital Asset, Dunamu, the operator of Korean digital asset platform Upbit, stated that the company has been selected as the final winning bidder for the Korean National Police Agency's "Seized Digital Asset Custody and Management Project," with a contract period of 1 year.

Seized digital assets will be held in custody through Upbit Custody, operated via a 365-day × 24-hour real-time response monitoring system, and utilizing security technologies such as 100% cold wallet isolation environment, Multi-Party Computation, Distributed Key Generation, and Multi-signature to enhance asset custody and management security.