XAUT is listed on Upbit and Bithumb, expanding access to digital gold in South Korea.

2026-01-01 06:57:39

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The Korean cryptocurrency market is preparing to welcome a significant development with XAUT being listed on the country’s leading digital asset exchanges. Upbit, South Korea’s largest cryptocurrency exchange, has confirmed it will open XAUT trading pairs with KRW, BTC, and USDT, thereby significantly expanding accessibility for both individual and institutional investors.

XAUT is a digital asset backed by gold, with each token collateralized 1:1 by physical gold that meets the Good Delivery standards of the London Bullion Market Association (LBMA). This structure allows investors to access gold via blockchain while ensuring transparency and verifiability of the collateral assets.

Meanwhile, Bithumb – South Korea’s second-largest exchange – also announced plans to list the XAUT/KRW trading pair. Listing on both major exchanges reflects the growing interest in asset-backed tokens and the trend toward seeking stability within the cryptocurrency ecosystem.

XAUT-4.69%

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