- Upbit lists zkPass on December 26 with KRW, BTC, and USDT trading pairs available.
- ZKP token price surged 35% following the listing announcement.
- Privacy protocol uses zero-knowledge proofs for Web2 data verification on-chain.
South Korea’s largest cryptocurrency exchange Upbit announced zkPass (ZKP) listing on December 26, 2025. The exchange will support trading pairs against Korean won, Bitcoin, and USDT. Bithumb, the country’s second-largest exchange, also announced a ZKP/KRW trading pair during the same period.
Upbit posted an official announcement detailing deposit and withdrawal availability within two hours of the notice, with trading scheduled to begin at 5:30 PM on December 26. The exchange implemented trading restrictions including a five-minute limitation on buy orders after trading support begins and a minimum sell price floor at 10% of the previous day’s closing price.
Market Responds With Quick Price Appreciation
ZKP token price jumped 35% following the listing announcement, with the 24-hour trading range extending from $0.1198 to $0.2172. The price surge shows investor interest in privacy-focused infrastructure protocols gaining exchange support.
The listing generated positive social sentiment as traders viewed Upbit’s decision as validation of zero-knowledge proof technology. Multiple tier-1 exchanges listed ZKP within a short timeframe, including KuCoin on December 19, BTSE on December 24, and Coinbase announcing support during the same period.
Privacy Infrastructure Attracts Institutional Exchange Support
Upbit selected zkPass for listing based on the protocol’s regulatory-compliant approach to privacy technology. zkPass operates as a decentralized oracle protocol that allows secure verification of Web2 data on blockchain networks without exposing sensitive user information.
The protocol uses zkTLS technology, combining 3-Party Transport Layer Security, Multi-Party Computation, and Zero-Knowledge Proofs. These technical components enable use cases including zero-knowledge KYC authentication, financial record verification, and credential proof systems. Applications require regulatory compliance without sacrificing user privacy protections.
Unlike privacy tokens that face regulatory scrutiny, zkPass is positioned as infrastructure enabling selective disclosure to authorized parties. This addresses regulator concerns about privacy-focused projects while maintaining user data protection. Upbit’s compliance-focused approach as South Korea’s largest regulated exchange shows confidence in navigating privacy token listings responsibly.
The exchange’s rigorous listing standards suggest the due diligence team validated both the technical soundness and the practical utility of the zkPass protocol. Zero-knowledge proof technology has matured from academic research into production-grade Web3 infrastructure. This has also made it suitable for major exchange listings.
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Source: https://coinedition.com/zkp-token-jumps-after-upbit-announces-zkpass-support/
