Upbit, Bithumb listed 12 new cryptos for KRW trading in April

South Korean exchanges Upbit and Bithumb listed a combined 17 new cryptocurrencies in April, with 12 of those being added for KRW trading, according to a post on X by Asian Web3 research and consulting firm Tiger Research. The firm highlighted the case of Pearl (PRL), whose trading volume surged 5,500% on its listing day, jumping from just $6.3 million the day before to $352.84 million. Tiger Research added that this case proves once again that a listing for trading against the won can trigger a massive surge in liquidity.