Dunamu "Will Grow into a Global Comprehensive Trading Platform"

"No concrete listing plans"

Dunamu announced on the 14th that it held a press conference on the metaverse platform 'SecondBlock'. (Provided by Dunamu)

[Asia Economy Reporter Gong Byung-sun] Dunamu, the operator of the domestic cryptocurrency exchange Upbit, presented its vision as a global comprehensive trading platform at a press conference. In addition, it disclosed key indicators of services such as Upbit, Securities Plus, and Securities Plus Unlisted.

On the 14th, Dunamu held a press conference on the newly launched metaverse platform "SecondBlock" last month. The press conference was attended by Dunamu CEO Lee Seok-woo, co-founder and senior vice president Kim Hyung-nyeon, CFO Nam Seung-hyun, and strategy director Lim Ji-hoon.

Dunamu cited the convenience and safety of technology-connected trading platforms as the secret to the success of Upbit, Securities Plus, and Securities Plus Unlisted. As of October, Upbit has 8.9 million members, Securities Plus has achieved 6 million cumulative downloads and a cumulative transaction amount of 187.55 trillion KRW. Securities Plus Unlisted recorded 430,000 monthly active users and over 900,000 cumulative subscribers as of November.

Dunamu selected value maximization, diversification, globalization, and sustainability as its core values. It plans to build trading channels for all digital assets to extract value and create new opportunities such as metaverse and non-fungible tokens (NFTs). Furthermore, based on partnerships, it will accelerate global expansion and invest 100 billion KRW by 2024 to establish ESG (environment, social, governance) frameworks.

Regarding listing plans, it stated that there are no concrete plans yet. CEO Lee said, "We will go public someday, but there are no specific plans on when or where yet," adding, "Earlier this year, when Coupang and the US cryptocurrency exchange Coinbase were listed on NASDAQ, there seemed to be reports hoping Dunamu would also be listed."

On the equity investment in Woori Financial Group, CEO Lee said, "Nothing has been decided yet," but added, "We will create opportunities through the convergence of blockchain, fintech, and traditional finance in the future." Regarding real-name accounts through Woori Bank, he said, "It would be good to form partnerships not only with Woori Bank but also with other banks for customer convenience," and "Again, nothing has been decided."

CEO Lee stated, "Dunamu will be a global comprehensive trading platform that gathers people with shared interests over the next three years and discovers the appropriate value of assets that become the common denominator of interest," and added, "As the most popular and loved platform domestically, we will grow into a Dunamu that is also recognized globally."

This content was produced with the assistance of AI translation services.