Odaily Planet Daily reports that 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 custody and management over 365 days with compliant infrastructure. The service employs 100% offline cold wallets, 24/7 monitoring, and incorporates MPC, DKG multi-key management, and multi-signature technologies to ensure asset isolation and security.
South Korean Police Select Dunamu to Safeguard Seized Virtual Assets for One Year
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Summary
South Korean police have engaged Dunamu to secure seized virtual assets for one year through its custody service, Upbit Custody. The company will employ 100% offline cold wallets, 24/7 monitoring, and MPC/DKG multi-key systems to prevent security breaches. This initiative follows increased attention to real-world assets (RWA) and regulatory developments. Dunamu’s solution isolates assets within a multi-signature framework to ensure their safety. The custody agreement encompasses all tokens under police control.
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