Ethereum Adoption Milestone: Upbit Facilitates South Korea’s First Legal Nonprofit Crypto Sale

In a landmark move for institutional cryptocurrency adoption, South Korea’s leading exchange Upbit has processed the nation’s first legal KRW-based crypto transaction by a domestic nonprofit organization. World Vision Korea converted donated Ethereum (ETH) into Korean won, marking a significant step forward in the country’s corporate virtual asset era. The transaction involved 0.55 ETH (worth approximately 1.98 million won or $1,500 at current prices) and follows February’s regulatory roadmap that established frameworks for controlled crypto asset liquidation. This development signals expanding institutional acceptance of cryptocurrencies in one of Asia’s most dynamic digital asset markets. With Ethereum currently trading at 2521.08 USDT, this real-world application demonstrates growing utility for ETH beyond speculative trading. The transaction represents both a technological and regulatory milestone, as South Korea continues to balance innovation with consumer protection in its rapidly evolving crypto landscape.

Upbit Facilitates First Legal Nonprofit Crypto Sale in South Korea

South Korea’s corporate virtual asset era begins with Upbit enabling the first KRW-based crypto transaction by a domestic nonprofit. World Vision converted donated ethereum into Korean won, marking a pivotal step in institutional crypto adoption.

The 0.55 ETH transaction, worth approximately 1.98 million won, follows February’s regulatory roadmap allowing controlled asset liquidation. Upbit’s facilitation signals expanding institutional access beyond retail investors.

Regulatory reforms have paved the way for full corporate participation expected later this year. The exchange’s alignment with policy changes positions it as a leader in South Korea’s evolving digital asset landscape.

Medellín Emerges as Hub for Tokenized Real Estate with RealT’s Innovative Approach

Medellín, Colombia’s ’City of Eternal Spring,’ is drawing global investors with its urban revitalization and premium lifestyle offerings. The El Poblado district—particularly Provenza—epitomizes this appeal, blending vibrant nightlife with residential tranquility. RealT capitalizes on this demand through blockchain-enabled fractional ownership.

The platform has pioneered real estate tokenization since 2019, offering Ethereum and Gnosis Chain-based property tokens alongside a 12%-yield tokenized factoring product. Its Le Prestige development exemplifies the fusion of contemporary design and natural elements that defines Medellín’s luxury market.

Investors gain exposure to Colombia’s booming real estate sector through RealT’s transparent, liquid digital assets—a case study in blockchain’s disruptive potential for traditional asset classes.

ETH Rebounds Sharply From Intraday Lows, Signals Bullish Shift as $2,500 Holds

Ethereum has demonstrated remarkable resilience in the face of mounting economic challenges, firmly holding above the $2,500 support level despite heightened market volatility. The asset rebounded from an intraday low of $2,472.84 to a session high of $2,547.92, currently stabilizing NEAR $2,514. Technical indicators suggest sustained bullish momentum, with higher lows and robust demand in the $2,486-$2,490 range.

Global trade tensions and rising US Treasury yields have pressured risk assets, yet Ethereum has outperformed its peers. Institutional interest remains strong, evidenced by $3 billion in net spot ETF inflows over the past three weeks. While resistance near $2,550 continues to cap upside potential, ETH’s price action reflects unwavering buyer conviction amid macroeconomic uncertainty.

The 24-hour trading range spanned $67.47 (2.72%), featuring a midday recovery from $2,472.84 to $2,547.92. Above-average volume at the $2,486-$2,490 support zone confirmed strong buying interest, while profit-taking emerged near the $2,540-$2,547 resistance level. A decisive bounce from $2,488, supported by 172,137 ETH in volume, reinforced the bullish case despite late-session consolidation.

SharpLink Shares Retreat 30% After Meteoric 2,000% Rally on ETH Treasury Strategy

SharpLink Gaming (SBET) shares tumbled 30% in early trading Monday, partially retracing last week’s unprecedented 2,000% surge. The stock had rocketed from under $3 to over $100 after announcing a $450 million raise for an ether (ETH) treasury strategy, with Ethereum co-founder Joseph Lubin joining as board chairman.

The company confirmed the fundraising closure Monday, having sold 69 million restricted shares. Market observers note only 2 million shares remain freely tradable, creating volatile conditions. Pharmaceutical entrepreneur Martin Shkreli highlighted the technicality: "The 69 million shares issued are subject to a registration rights agreement, which [won’t] be effective for months."

Such thin float scenarios often amplify price swings - a dynamic that likely contributed to both last week’s vertical rally and today’s pullback. The strategic pivot toward ETH treasury management marks a bold bet on cryptocurrency adoption at the corporate level.