Upbit to list Arcium token in KRW, BTC, and USDT markets on June 23

Upbit, South Korea’s dominant cryptocurrency exchange, will add Arcium (ARX) to its trading platform on June 23 at 14:00 local time. The token will be available across three trading pairs: KRW, BTC, and USDT.

The listing arrives barely 24 hours after Arcium’s Token Generation Event and mainnet launch on June 22, making it one of the fastest Upbit onboardings for a newly minted token in recent memory.

What is Arcium and why does it matter

Arcium is a confidential computing network built on Solana that lets people run computations on encrypted data without ever decrypting it first. The project accomplishes this through a cocktail of cryptographic techniques, including multi-party computation (MPC), fully homomorphic encryption (FHE), and zero-knowledge proofs.

The target market includes blockchain applications, artificial intelligence, enterprise solutions, and governmental use cases. The ARX token serves multiple functions within the network, including staking for compute resources, governance participation, and fee structures across Arcium’s confidential computing framework.

Token economics and launch details

Arcium ran its initial community sale through CoinList between April 2-7, 2025, pricing ARX at $0.20 per token. That priced the project at a fully diluted valuation of $200 million, based on a total supply of 1 billion ARX tokens.

Approximately 20.88% of the total supply is expected to circulate shortly after the TGE, meaning roughly 209 million tokens are floating in the market initially. Community allocation accounts for 18.5% of the total supply.

ARX appeared on top gainer lists across multiple trading platforms after its June 22 debut, with significant volume flowing through early listings on Bybit, MEXC, and KuCoin.

The Upbit effect

The KRW pair gives Korean retail investors direct fiat access to ARX without needing to route through stablecoins or Bitcoin first. The simultaneous BTC and USDT pairs ensure that international traders on Upbit can also access the token through their preferred denominations.

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