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Financial firms join crypto exchanges, could shake up digital asset market

South Korea\'s won-based digital asset exchanges are bringing in financial companies as new shareholders to bolster their business foundations, drawing attention to whether the market led by Upbit and Bithumb could shift. CoinGecko data put Upbit’s 24-hour volume share at 72.1 percent and Bithumb’s at 22.3 percent. Trading activity has declined, while Coinone, Korbit and Gopax move to expand capital and business ties with financial groups.