Upbit to list The Parallel (PRL) after resolving supply issue

South Korean exchange Upbit has announced it will list The Parallel (PRL) on its KRW, BTC, and USDT markets at 10:50 a.m. UTC on April 27. The exchange had previously postponed the listing after identifying an issue related to the token's circulating supply. In its latest announcement, Upbit explained that approximately 90 million PRL tokens moved from the foundation's initial wallet were distributed to ecosystem partners, including an overseas personnel management company and a KOL group marketing agency. The exchange stated that these tokens, part of the ecosystem and community allocation, are distributed according to a vesting schedule without lockups. It determined that the sales from external wallets were within the publicly disclosed distribution schedule and confirmed that there were no changes to team or investor allocations. Upbit added that to enhance investor protection and market transparency, it had requested the project to disclose additional major wallet addresses, and the project agreed.