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Upbit Adds Block Street to Spot Markets Amid Trading Restrictions

South Korean exchange Upbit is expanding its digital asset offerings by listing Block Street (BSB) across its Korean won, Bitcoin, and USDT markets on August 7. The move brings the utility and governance token of the tokenized asset infrastructure project into one of the region's most active trading environments.

Upbit Adds Block Street to Spot Markets Amid Trading Restrictions

Trading for BSB is scheduled to commence at 3:00 p.m. Korea Standard Time, though the exchange noted that the launch remains contingent on securing adequate liquidity. To manage volatility during the initial window, Upbit has implemented a series of protective measures: buy orders will be restricted for the first five minutes, and only limit orders will be permitted for approximately two hours following the start of trading.

Users must exercise caution regarding network compatibility. While Block Street’s architecture spans both Ethereum and BNB Chain with a total supply of one billion tokens, Upbit’s support is currently limited exclusively to the Ethereum network. The exchange emphasized that deposits sent via unsupported chains may require a complex recovery process. To mitigate risks, participants should verify the specific Ethereum contract address—0xdb6ba5d510f114f9b2ea08bea7d30e32eee33411—before initiating transfers.

Block Street focuses on a "Unified Liquidity Layer" intended to bridge fragmented capital markets for tokenized equities and real-world assets. The project, which secured $11.5 million in a strategic funding round led by Hack VC in October 2025, positions BSB as the primary mechanism for governance participation, staking, and network incentives. This listing mirrors Upbit’s recent strategy of onboarding infrastructure-focused assets while applying strict temporary controls to ensure orderly market entry.

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