PANews, May 4th - Crypto exchange Upbit (operated by Dunamu) announced today a partnership with the Optimism Foundation to advance its next-generation Ethereum Layer 2 network, GIWA Chain. Built on the OP Stack, GIWA Chain is currently on testnet with a mainnet launch planned later. This chain will be the first project to implement the Self-Managed layer of OP Enterprise, marking a further extension of the Optimism ecosystem towards "institutional-grade blockchain infrastructure."

By design, the Self-Managed mode allows Upbit to autonomously run the sequencer and maintain control over chain-level configuration, while the Optimism Foundation provides security monitoring and backup support, achieving a balance between "sovereign control" and "infrastructure reliability".