Dunamu, the parent company of South Korea’s largest digital asset exchange Upbit, is looking outside its home market for growth, according to CEO Oh Kyoung-suk. Speaking at Korea Blockchain Week on Sept. 30, Oh said the company wants to connect South Korea’s digital asset ecosystem with global financial markets.
Dunamu is also planning to work with Naver Financial to provide shared infrastructure for banks, brokerages, payment firms, and fintech companies. The services under discussion include trading, custody, asset transfers, and anti-money laundering support.
The companies’ planned share swap is scheduled to be completed by the end of this year. That timeline is still subject to review by South Korea’s Fair Trade Commission, and the deal could be delayed.
Dunamu, the parent company of Upbit, said it is seeking growth opportunities beyond South Korea.
Speaking at Korea Blockchain Week on Sept. 30, Dunamu CEO Oh Kyoung-suk said the company’s goal is to link South Korea’s digital asset ecosystem with global financial markets.
Dunamu plans to work with Naver Financial to offer shared infrastructure for banks, brokerages, payment companies, and fintech firms. The services include trading, custody, asset transfers, and anti-money laundering functions.
The companies’ planned share swap is set for completion by the end of this year. The deal is still waiting for review by South Korea’s Fair Trade Commission and could be delayed.
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