Korea’s top crypto exchange operator almost triples profit

Dunamu achieved stellar performances during the third quarter of this year. It operates South Korea’s leading crypto exchange Upbit. [Photo courtesy of Dunamu]
Dunamu achieved stellar performances during the third quarter of this year. It operates South Korea’s leading crypto exchange Upbit. [Photo courtesy of Dunamu]

South Korea’s Dunamu, the operator of the country’s top digital asset exchange Upbit, reported solid earnings for the third quarter of 2025, buoyed by a rebound in global cryptocurrency markets.

The Seoul-based company announced on Nov. 14 that it has posted sales of 385.9 billion won ($265 million), up 108 percent from a year before.

Dunamu saw its operating profit almost triple to 235.3 billion won ($161 million) year-on-year.

The company attributed the stellar performances to increased trading activity driven by the global recovery of digital asset markets, as well as improved regulatory environments in the United States.

Following the U.S. House passage of thee bills regarding digital assets, investor confidence rose, according to market observers.

The bills included the Genius Act, the Clarity Act, and the anti-CBDC Surveillance State Act, aimed at strengthening regulatory frameworks for the industry.

Founded in 2012, Dunamu has expanded its presence through platforms such as Upbit and Securities Plus, building a foundation for growth with a focus on providing safe and user-friendly trading services.

The company said that it has also strengthened internal monitoring systems to curb unfair trading practices and promote a healthier digital asset ecosystem.

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