[Upbit] Notice on Attention to Cronos (CRO)

Hello. This is Upbit, the most trusted global standard digital asset exchange.

Cronos (CRO) has been urged for attention by the Digital Asset Exchange Alliance (DAXA). DAXA can take actions such as urging attention, designating items of concern for trading, and terminating trading support for the protection of investors.

Please check the details below, and if you hold this digital asset, please review the following information.

CRO (Cronos)

• Cronos (CRO) announced a proposal for additional issuance along with a network upgrade in March 2025. As the vote on this proposal passed on March 17, 2025, the total issuance of Cronos (CRO) is expected to increase. Please be aware of the increased price volatility of Cronos (CRO).

[Notice on Additional Issuance of CRO]

• On March 3, 2025, the Cronos team announced and proposed additional token issuance to support network upgrades, CRO ETF launch, and AI development.

• Reference: [Initial Notice on CRO Network Upgrade and Additional Issuance](https://blog.cronos.org/p/the-new-golden-age-for-cronos)

• Reference: [CRO Network Upgrade Change Proposal](https://github.com/crypto-org-chain/chain-main/discussions/1124)

• The related governance vote was conducted from March 3 to March 17, 2025, and passed with 62.18% approval.

• Reference: [Governance Vote on CRO Network Changes](https://www.mintscan.io/crypto-org/proposals/29)

• According to the governance vote results, a total of 70,000,000,000 CRO will be unlocked over five years from March 2025, along with the network upgrade.

• Total issuance: 30,000,000,000 CRO → 100,000,000,000 CRO

• Upbit will closely communicate with the Cronos team to ensure the safe protection of your assets, and if there are any additional or changed matters, we will provide further guidance through this notice.

The member companies of the Digital Asset Exchange Alliance (DAXA) can take actions such as urging attention, designating items of concern for trading, and terminating trading support for the protection of investors. DAXA member companies are reviewing the digital assets they support for trading, monitoring market conditions, and will continue to implement investor protection measures through prompt information provision and response in case of crisis situations requiring investor attention.

Upbit will always do its best to ensure your safe trading.

Thank you.

※ Virtual assets are high-risk products that can result in the loss of all or part of your investment.

*This information is automatically generated.