Citrea's CTR Token Expands Reach in South Korean Crypto Market

Citrea, the Bitcoin application layer backed by Founders Fund and Galaxy Ventures, has achieved a major milestone in its mission to expand Bitcoin's financial utility. The company announced that CTR, its coordination asset for the Bitcoin economy, is now live on UPbit and Bithumb, South Korea's largest cryptocurrency exchanges.

With the dual listing, Citrea aims to deepen liquidity and broaden access to its ecosystem for millions of South Korean users. The exchange listings represent a significant expansion of CTR's reach into one of the world's most active retail digital asset markets.

Citrea designed CTR to close the 'Ownership Gap', the disconnect between those who create long-term value in an ecosystem and those who ultimately capture it. Through a modified vote-escrow staking model, CTR holders can stake their tokens to receive xCTR, granting voting power over the Citrea Governance Treasury and the broader Citrea Network.