Bithumb and Upbit, two of South Korea’s largest cryptocurrency exchanges, have announced they will list CTR, the native token of the Bitcoin-based Layer-2 project Citrea.
According to the announcements, CTR will be accessible to investors on June 9, 2026, with trading pairs including Korean won (KRW) and $BTC and $USDT.
According to Bithumb, CTR will be launched on the KRW market, and deposit and withdrawal operations will begin within three hours of the announcement. Trading is scheduled to start on June 9th at 3 PM. The reference price is set at 21.61 won, and 200 network confirmations will be required for deposited assets to be credited to the account.
Upbit also announced that it will list CTR on its $BTC and $USDT markets. The exchange stated that deposit and withdrawal operations will begin within two hours of the announcement, and trading is planned to open on June 9th at 3 PM.
Citrea stands out as a Zero-Knowledge Proof-of-Roll-Up (ZK) based Layer 2 solution built on the Bitcoin network. The project aims to enable the development of smart contracts and decentralized finance (DeFi) applications while protecting Bitcoin’s security. Thanks to its Ethereum Virtual Machine (EVM) compatible architecture, it also aims to allow Ethereum developers to easily participate in the ecosystem.
The BitVM-based Clementine bridge, which is part of the project’s infrastructure, offers a minimized trust structure that enables Bitcoin to be used in a Layer-2 environment. This allows users to utilize $BTC not only as a store of value but also in financial activities such as lending, borrowing, trading, providing liquidity, and participating in prediction markets.
Citrea launched its mainnet in January 2026 and, according to the project team, currently boasts an ecosystem of over 30 Bitcoin-focused applications. It also aims to create Bitcoin-based capital markets with products like cBTC and ctUSD.
This is not investment advice.