Upbit, a leading South Korean cryptocurrency exchange, has designated SOLVE (SOLVE) as a trade note security. This decision was made after a comprehensive review of SOLVE's virtual asset issuance, distribution plan, business plan changes, operational transparency, and business sustainability. Upbit determined that there were areas where SOLVE fell short, including insufficient issuance and distribution details, unclear business plan changes, and a lack of transparency in operational procedures. These deficiencies pose potential risks to users and prompted Upbit to designate SOLVE as a trade note. Trade note securities are typically subject to stricter trading restrictions and increased monitoring by exchanges. Investors should exercise caution when trading SOLVE, as its designation as a trade note may indicate potential risks associated with the asset.