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Business News

FTX has been preparing to enter the Korean market since last year and has filed two trademark applications in Korea

Sources say crypto exchange FTX has been filing a trademark application through a South Korean law firm since last year to enter the South Korean market.

The Korea Intellectual Property Office confirmed that FTX applied for a trademark in the name of FTX Trading LTD twice on December 13 last year and January 20 this year, and is currently awaiting the examination results.

Earlier news that FTX was in talks to acquire South Korean crypto exchange Bithumb, and Bithumb’s major shareholder Vidente confirmed that the report is true.

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