South Korean Corporate Crypto Holdings Total 43.4 Billion KRW

As of July, corporate accounts at South Korea's five major exchanges held approximately 43.38 billion KRW in crypto assets. Upbit accounts hold 62.4% of this total. Despite having 6,590 registered corporate accounts, only 711 have completed KYC, and only 29 accounts showed active trading or deposit/withdrawal activity last month. Regulators are currently exploring a phased opening of the crypto market to institutional investors.