Dunamu, Upbit Operator, Donates 20 Billion Won to Seoul National University
Dunamu announced on the 12th that it held a development fund agreement ceremony with Seoul National University on the 11th. From the left, Kim Hyung-nyeon, Vice President of Dunamu; Oh Se-jung, President of Seoul National University; Song Chi-hyung, Chairman of Dunamu (Provided by Dunamu)
View original image[Asia Economy Reporter Gong Byung-sun] Dunamu, the operator of Upbit, a domestic cryptocurrency exchange, has donated 20 billion won to Seoul National University to foster talented individuals and promote coexistence with fintech startups.
On the 12th, Dunamu announced that it held a development fund agreement ceremony with Seoul National University on the 11th. Through this agreement, Dunamu donated 10 billion won and 5 billion won respectively as development funds to the Department of Economics and the Department of Agricultural Economics and Rural Development at Seoul National University, alma mater of Chairman Song Chi-hyung and Vice President Kim Hyung-nyeon of Dunamu.
The funds will be used to support new professors and faculty, create research environments, support the Korea Economic Innovation Center, and provide scholarships for graduate and undergraduate students.
Dunamu also invested 5 billion won in Seoul National University Technology Holdings’ ‘SNU STH Fintech Innovation Venture Investment Fund’ and ‘SNU STH Early Startup Venture Investment Fund.’ The invested funds will be used to discover and nurture promising fintech startups.
Chairman Song said, “I hope today’s donation will serve as a catalyst to help young talents who dream of creating a world-class environment and successful startups.”
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Additionally, Vice President Kim stated, “I hope this will help spread the entrepreneurial enthusiasm of young talents who continuously strive for social development despite difficult circumstances,” and added, “We will continue to practice coexistence and fulfill our social responsibilities.”
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