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South Korea’s major cryptocurrency exchange, Bithumb, announced a significant development that caught investors’ attention. The exchange revealed that the digital assets Lombard (BARD) and Tao (TAO) will be listed with the Korean Won (KRW) trading pair. Following this announcement, both tokens experienced increased trading volumes and rapid gains in market value.
BARD and TAO Now Tradable in KRW
According to Bithumb, BARD and TAO can now be directly bought and sold using KRW. This listing allows South Korean investors to trade these cryptocurrencies with their local currency without needing USD or stablecoins like USDT.
This not only simplifies access for investors but also significantly boosts liquidity. The KRW pair offers a strategic advantage for projects, considering the vibrancy of South Korea’s crypto market.
What is Lombard (BARD)?
Lombard (BARD) is an innovative project focused on DeFi solutions and asset tokenization. It aims to make access to various financial products easier for users while creating a more transparent financial ecosystem through blockchain technology.
BARD’s listing on a major exchange like Bithumb with the KRW pair reflects the community and developer team’s credibility and investor confidence in the project.
What is Tao (TAO)?
Tao (TAO) focuses on Web3 and AI-based infrastructure solutions, working on blockchain-based data security, cross-chain integration, and information sharing.
Its listing on Bithumb is expected to attract both institutional and individual investor interest. Additionally, TAO is recognized as one of the pioneering projects in integrating AI with blockchain technology.
Assessment
Bithumb’s listing of BARD and TAO with KRW pairs is significant not only for South Korean investors but also for the global crypto market. This step strengthens the projects’ liquidity, accessibility, and credibility.
Recent consecutive listings by South Korean exchanges, such as Upbit and Bithumb, combined with local stablecoin initiatives and regulatory developments, highlight how rapidly crypto adoption is advancing across Asia.
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