Interfold (FOLD) has been listed on the Korean cryptocurrency exchange Upbit in its Korean won (KRW), Bitcoin (BTC), and Tether (USDT) markets.

As of 12:35 p.m. on the 23rd, Interfold was trading at 208 won on Upbit's KRW market, up 84.07%. Immediately after new trading support begins, buying and selling pressure may flow in quickly, potentially expanding price volatility, so investors are advised to exercise caution.

Interfold's supported network on Upbit is Ethereum. Upbit stated in its announcement, "Deposits and withdrawals are supported only on the designated network. Be sure to verify the network before making a deposit."

■ What is Interfold? Interfold aims to provide a privacy-preserving computation infrastructure designed so that participants can jointly compute on data and verify the results without disclosing sensitive raw information to one another. Rather than building a separate blockchain ecosystem of its own, it is characterized by combining an E3 encrypted computation environment and a network of Ciphernode operators on top of existing blockchains such as Ethereum. This structure allows it to be utilized in various fields where input data confidentiality is critical, including secret voting, sealed-bid auctions, and multi-party data analysis.

FOLD is the cryptocurrency of the Interfold ecosystem, used for bonding in the operation of Ciphernodes, as well as for incentives to network participants and participation in protocol governance.

Meanwhile, newly listed cryptocurrencies can show large price swings in the early stages of trading support, so investors should verify the supported network and deposit/withdrawal availability before investing.