- Flow Foundation seeks Seoul court action to prevent Korean exchanges from delisting $FLOW on March 16.
- Major exchanges like Binance and Korbit restore full FLOW trading, confirming security and user fund safety.
- Flow adoption accelerates with Disney, NBA, NFL, and PayPal integrations, plus record developer activity in 2025.
Flow Foundation and Dapper Labs are seeking court intervention in Seoul to prevent Korean exchanges from delisting $FLOW. The request comes after Upbit, Bithumb, and Coinone announced plans to end FLOW trading on March 16, following a December 27 security incident.
While no user funds were compromised, the Foundation is pushing for a suspension to ensure Korean holders can continue trading safely. This legal move highlights Flow’s commitment to protecting its community and maintaining access to its network across Asia.
Besides the court filing, the Foundation is actively advocating for Korean investors. Korbit, after reviewing technical documentation, lifted its FLOW trading caution, fully restoring trading without restrictions.
Similarly, Binance and HTX confirmed full FLOW operations, removing monitoring tags and notices. These updates reflect independent verification by major global exchanges, showing confidence in the Foundation’s remediation efforts. Consequently, Flow aims to assure Korean users that their assets remain secure and trading can continue uninterrupted.
Ecosystem Momentum and Adoption
Flow’s ecosystem shows strong growth, with Disney, NBA, NFL, and Ticketmaster actively building on the network. Combined, these platforms have distributed over 100 million NFTs and onboarded 13 million fans. Notably, Disney Pinnacle’s Legendary Edition sold out instantly, while NBA Top Shot recorded $17,500 and $65,000 sales for Steph Curry and LeBron James collectibles, respectively.
Furthermore, in Japan, 24Karat has access to 2,000+ vending machines, delivering digital collectibles to 250,000 consumers every week, none of whom are knowledgeable about crypto. This is a practical implementation of Flow’s mass adoption of blockchain technology.
Developer Activity and Financial Expansion
Developer activity reached record highs in 2025. Flow ranked as the top Layer 1 blockchain at global hackathons, with nearly 60,000 smart contracts deployed since the Crescendo upgrade. Additionally, PayPal’s stablecoin PYUSD is live on Flow, and major firms including Coinbase, Samsung, Deutsche Telekom, and Ubisoft operate nodes as validators.
Messari’s Pulse Report validates Flow’s trajectory, noting it “leverages proven consumer distribution and operational experience to drive consumer DeFi adoption.” The Foundation is now focusing on expanding consumer finance infrastructure and scaling access across Asia-Pacific.
However, the Seoul Central District Court must review the filing and determine the next steps for Korean exchanges. The Foundation also plans to hire a general manager for Asia-Pacific, pursue new listings, and strengthen partnerships. With no regulatory actions taken and all exchanges restoring FLOW, the network is positioned to continue building its global and regional presence.
