bearish

Dunamu

Dunamu: Operator of Upbit - The Number One Cryptocurrency Exchange in Korea

541 Views02 Jul 2022 13:45
SUMMARY
  • Dunamu operates Upbit which is the largest cryptocurrency exchange in Korea. As of April 2022, Upbit had more than 70% market share in the cryptocurrency trading market in Korea.
  • Dunamu's sales surged by 1996% to 3.7 trillion won in 2021 and operating profit surged from 86.6 billion won in 2020 to 3.3 trillion won in 2021.
  • In January 2022, Dunamu was last valued Dunamu at nearly 15 trillion won. However, due to major decline in crypto prices in 2022, Dunamu's valuation has declined significantly.
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Douglas Kim
Korea/Asia, Events, IPOs/Douglas Research Advisory
South KoreaEquity Bottom-UpEquity Capital Markets
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