Flow in 2026: Exchange Resolutions Complete, Ecosystem Growing, and a Commitment To Korea
The Flow ecosystem continues to grow. Disney, NBA, NFL, and Ticketmaster are all seeing success as they continue actively building on Flow. In Japan, 24Karat is bringing Flow collectibles to 250,000 people a week through 2,000+ vending machines. Flow developer activity hit all-time highs in 2025. And Messari published an independent Pulse Report validating Flow's path to consumer finance.
Following the December 27 security incident, in which no user funds were compromised and all counterfeit tokens were permanently destroyed, every major global exchange has now independently reviewed and restored full FLOW services. This article covers all of this as well as the Foundation's commitment to Korea, including steps being taken to advocate for Korean holders ahead of the March 16 deadline, and what comes next for Flow.
Exchange Updates
Binance: Joint Resolution and Full Restoration
On March 6, Binance, the world's largest cryptocurrency exchange, published a joint resolution statement with Flow Foundation. In the statement, Binance confirmed that all issues related to the security incident have been resolved, that deposits and withdrawals of FLOW have been fully restored, and that the listing status of FLOW on Binance has returned to normal. The Binance monitoring tag that had been applied to FLOW has been removed.
HTX: Independent Confirmation and Notice Removal
On the same day, HTX published its own resolution update, confirming that all FLOW assets held by users on their platform have been verified and remain intact, and that FLOW trading, deposits, and withdrawals are fully open and operating normally. HTX removed its previous notice from January 13 entirely, noting that it no longer reflects their current assessment of the actions taken by the Flow team.
Korbit Re-Enables FLOW Trading in Korea
The Foundation recognizes the uncertainty the Korean community has faced since February, and is grateful for the patience and support of Korean holders through this process.
In Korea, Korbit conducted its own independent review of the same materials provided to all Korean exchanges. On February 27, Korbit lifted its FLOW trading caution designation, stating that technical measures for the security incident have been completed and that the remediation efforts undergone by Flow Foundation are sufficient. Korbit continues to fully support FLOW trading with no restrictions.
See the full announcement: Korbit: Notice on the removal of FLOW trading caution
From Coinbase and Kraken in January, to Binance, Korbit and HTX more recently, the result of these independent reviews has been the same: full restoration of FLOW services. The evidence has held up under scrutiny from the world's largest exchanges and from within Korea itself.
Ecosystem Momentum
Flow is one of the most adopted networks in the world, being the network that Disney, the NBA, the NFL, and Ticketmaster chose to build on and continue to see success on today. Combined, they have driven the distribution of over 100 million NFTs, onboarded 13 million+ fans, and seen billions in sales across primary and secondary markets.
The products built on Flow continue to perform. Disney Pinnacle's first-ever Legendary Edition drop sold out instantly, with a 1-of-1 Apex Donald Duck pin selling for $7,500 on secondary within hours. NBA Top Shot's marketplace continues to see headline sales, with both a $17,500 Steph Curry sale and $65,000 LeBron James sale in recent months. NFL ALL DAY wrapped its strongest season since launch with new game modes, autographed Moments, and in-stadium activations.
In Japan, 24Karat operates over 2,000 vending machines across the country, from Hokkaido to Okinawa, bringing digital collectibles to 250,000 people every week. 99% of those users have no prior crypto experience. Taking this momentum further, 24Karat is exploring partner networks in Taiwan and South Korea as they scale beyond Japan, a meaningful signal of confidence in the Flow ecosystem and an important step for the region.
These are live, consumer-scale applications used by real people. With real integrations into their existing culture and community: Disney Pinnacle collectibles are part of Disney+ Perks, offering Flow collectibles to over 50 million US subscribers. NBA Top Shot is part of the NBA iD app, letting fans tap into the platform alongside the NBA cultural hub. NFL ALL DAY and Ticketmaster have partnered to distribute digital collectibles to fans in arenas, bridging IRL fandom with the future of collecting.
On the developer side, activity reached all-time highs in 2025. Flow ranked as the #1 most-built-on L1 at EthGlobal hackathons throughout the year. At one event, 1 in 4 of all entrants chose Flow, with 40% of finalists deploying on the network. Nearly 60,000 new smart contracts have been deployed since the Crescendo upgrade, almost 10x the total contracts deployed in the network's entire history prior. PayPal's stablecoin (PYUSD0) is live on the network. Coinbase, Samsung, Deutsche Telekom, and Ubisoft run nodes as validators.
Messari Pulse Report
In February, Messari published a Pulse Report on Flow, examining the network's trajectory from consumer collectibles through to consumer finance. Their conclusion:
"Flow is leveraging its proven consumer distribution and operational experience to drive consumer DeFi adoption."
The report highlights what years of infrastructure work, the Crescendo upgrade (full EVM equivalence) and the Forte upgrade (on-chain automation and scheduled transactions), have been building toward: a consumer-first network with real distribution, real applications, and a clear path to consumer finance.
The Foundation is focused on what comes next: deeper consumer finance infrastructure on Flow, new product experiences, and expanding access across Asia-Pacific. These exchange resolutions clear the path to focus entirely on building.
A Commitment To Korea
On February 12, Upbit, Bithumb, and Coinone announced they would end FLOW trading support on March 16. Given the weight of new evidence, Flow Foundation and Dapper Labs have filed a motion with the Seoul Central District Court requesting a suspension of the trading termination until a thorough review can be completed.
This step reflects the responsibility of the Foundation to advocate for the Korean community using every available pathway. The Foundation remains open to constructive conversation with all parties involved.
Alongside this filing, the Foundation is:
- Pursuing additional exchange listings in the region
- Expanding self-custody access options and ensuring support for impacted users
- Supporting Korbit as a continued trading venue in Korea and exploring a closer partnership
- Hiring a dedicated General Manager for Asia-Pacific, to build long-term Flow presence across the region
The Seoul Central District Court will review the application today (March 9, 2026, KST) and determine next steps. The Foundation will update the community as the process progresses. No government regulator in any jurisdiction has taken action against FLOW. No Korean exchange suffered any direct damage from the December incident.
FLOW remains fully available on major global exchanges, including Coinbase, Kraken, OKX, Gate.io, HTX, Binance, Bybit, with Korbit continuing to support FLOW trading in Korea. For users who need guidance on their options, including how to move assets to Korbit, please refer to Korbit Confirms Full FLOW Services in Korea. Flow Foundation believes strongly in open access: that users in every market deserve the ability to hold, trade, and build with FLOW.
Flow is not leaving Korea.
What Comes Next
Flow is accelerating into the next chapter, building consumer DeFi, bringing everyday financial experiences to the 40 million users already on the network. Flow Credit Markets, an enshrined lending protocol, is on track to launch this year. PayPal's PYUSD and USDC are live on-chain. The infrastructure is in place, the users are here, and the applications are being built.
What defines Flow is what comes next.
Read more on what’s next for Flow: The Future of Consumer DeFi
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