bearish
Dunamu: Operator of Upbit - The Number One Cryptocurrency Exchange in Korea
597 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.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
- Mastercard's Crypto Alliance with Binance: Overshadowed by Shift to Risk-Off Assets & CBDC Goliath26 Aug 2022
- An Update on the Dunamu IPO & Sale of 200 Billion Won in the Private Market At 10 Trillion Won Value04 Nov 2021
- K-Bank Vs. Kakao Bank: A Big Change in New Customers Driven by Cryptos19 Apr 2021
- Initial Thoughts on the Dunamu IPO02 Apr 2021
x