According to Digital Asset, the Korean National Police Agency selected Dunamu, the parent company of Upbit, through a public tender to manage seized virtual assets for a one-year contract. The seized digital assets will be managed through Upbit Custody, a digital asset custody service, providing real-time protection and management of regulated infrastructure over 365 days. The service employs 100% offline cold wallets, 24/7 monitoring, and integrates MPC, DKG multi-key management, and multi-signature technologies to ensure asset isolation and security.
South Korean Police Select Dunamu for Seized Crypto Asset Custody for One Year
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Summary
South Korean police have selected Dunamu, operator of Upbit, to manage seized digital assets for one year. The custody service employs 100% offline cold wallets and multi-signature technology. Real-world asset (RWA) custody is gaining momentum as authorities adopt secure solutions. The contract includes 24/7 monitoring and MPC/DKG key management, with assets stored through Upbit Custody.
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