Leading South Korean cryptocurrency trading platform Upbit has recently announced its support for the digital asset RNDR in its brand renaming process, renaming its tokens to RENDER. This change is expected to take effect from August 13, 2024 (Tuesday) at 11:00 KST (Korean Standard Time), during which time all deposit and withdrawal services will be suspended. Following the completion of the brand renaming, Upbit plans to suspend related transactions on August 16, 2024 (Friday) at 14:00. Once trading support resumes, the market name will officially be changed to RENDER/BTC. This initiative aims to facilitate a smooth transition from RNDR to RENDER and provide clearer market identification. Upbit's support for RNDR not only reflects its positive attitude towards brand renaming but also demonstrates its ongoing commitment to innovation in the digital asset sector. For users holding RNDR tokens, this marks an important milestone in clarifying the future direction and market positioning of the token. With the completion of the brand renaming, RENDER is poised to gain wider recognition and application in the cryptocurrency market, offering new investment opportunities for investors. Upbit's decision is significant not only for holders of RNDR/RENDER but also for the entire cryptocurrency industry as it underscores how brand renaming and token swaps can become effective tools for project development and enhancing market awareness. As more similar cases emerge, we can anticipate that innovation and change in the cryptocurrency field will accelerate, presenting investors with more opportunities and choices.