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Dunamu company logo
Corporation
MOBILE & TELECOMMUNICATIONS | Mobile Software & Services / Asset & Financial Management & Trading
dunamu.com

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Founded Year

2012

Stage

Corporate Minority | Alive

Total Raised

$72.44M

Valuation

$0000 

Last Raised

$52.24M | 8 mos ago

Mosaic Score

+60 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Dunamu

Dunamu owns and operates a digital asset exchange (UPbit), two investment exchange platforms (Stockplus and U-Stockplus), and an equity management platform (Onboard). UPbit is a cryptocurrency exchange platform with a presence in Korea, Indonesia, Thailand, and Singapore. Stockplus is a securities information/trading platform with an active partnership with 11 broker-dealers. U-Stockplus is an OTC platform providing a trading service for private companies. Onboard helps private companies manage equity electronically for their shareholders.

Dunamu Headquarter Location

5/F, Mirim Tower 14, Teheran-ro 4-gil, Gangnam-gu

Seoul, 06232,

South Korea

Latest Dunamu News

Blockchain not a concept anymore, but part of real life, developers say

Sep 5, 2021

| Lee Sir-goo, CEO of Dunamu, the operator of Upbit, Korea’s largest crypto exchange in terms of transaction volume, speaks during Upbit Developer Conference on Thursday. (Dunamu) Blockchain is not a technological concept anymore. It’s starting to apply to real life and becoming a mainstream, irreversible trend, Dunamu CEO Lee Sir-goo said during the Upbit Developers Conference last week. “When the Internet first emerged, exponential growth began after services that people can use in real life and as for artificial intelligence, after years of research, it only started to receive attention when it was translated into real services,” Lee noted. “There’s no doubt that blockchain has become a major trend that no one can deny that it is permeating our everyday lives,” Lee said. During the company’s annual UDC that took place Wednesday and Thursday online, the lineup of speakers and presentations showcased how the global blockchain industry is rapidly evolving each year, and many services are not a concept nor a league of blockchain enthusiasts anymore. One such example was participation by executives from an auction house and a credit card company. Cuy Sheffield, vice president and head of crypto at Visa, one of the incumbent financial services companies jumping into the cryptocurrency sphere, pointed out blockchain-based payment methods are making waves in the payment industry and introduced five notable trends -- Bitcoin, Stablecoin, Decentralized Finance, NFT trading, and Central Bank Digital Currency. For instance, Bitcoin is gaining adoption as digital gold, especially among young generations, as a new asset class, Sheffield said. And Stablecoins, a type of cryptocurrency pegged to flat currency assets like US dollar to stabilize the price, are emerging with a role as treasury infrastructure. “The average transaction value of Stablecoins is north of $10,000, and this is really becoming a new way that institutions and businesses can transfer dollars across the world and enable it settle very quickly and efficiently,” Sheffield noted, adding that many startups are already developing services based on Stablecoins. One of the most frequently discussed topics at the UDC was non-fungible tokens, blockchain-based non-duplicable digital certificates that relate to real-world objects like art and music. NFTs have been making headlines since earlier this year when artist Beeple sold an NFT for a whopping $69 million. Ever since, artists and dealers all together began paying keen attention to the novel idea. Lee Jung-bong Lee, CEO of Seoul Auction Blue, said that the combination of NFT and art present indefinite potential and thus will continue to grow. “By 2030, the NFT metaverse is expected to be several times larger than the 400 billion-won domestic art market,” Lee said. Although it is less eye-catching than NFTs, a growing number of companies are incorporating blockchain technologies into various levels of their operations and services. “We’re seeing a huge movement of big enterprises and little enterprises to be using DLT for real-world problems and real applications,” Leemon Baird, Co-founder of Hedera Hashgraph, said. DLT is decentralized ledger technology, a digital system for recording things such as asset transactions, in which the details are recorded in multiple places at the same time. Blockchain is one type of DLT. It is not only businesses or art collectors that are adopting the blockchain technology, but governments are also looking into potential of digital currencies regardless of the stage of their economic development, Jin Chang-ho, principal of Kearney Korea, said. “CBDC will lead innovation in payment and payment process with the digital wallet and financial products while coexisting with the existing financial order,” he added. Dunamu launched UDC in 2018 at the height of the first wave of cryptocurrencies to enhance understanding of the blockchain, the underlying technology behind cryptocurrencies. Since then, the conference has garnered participants from more than 600 companies, 7,000 attendees, and 250,000 views on YouTube in the past three years. This is year’s event observed 8,000 of preregistration and a record high of about 65,000 total views on YouTube, reflecting enhanced interest in the blockchain industry. (gypark@heraldcorp.com)

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The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Dunamu

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Dunamu is included in 5 Expert Collections, including Fintech.

F

Fintech

10,750 items

Excludes US-based companies

D

Digital Wallets & Mobile Payments In Asia

199 items

C

Capital Markets Tech

1,300 items

Companies in the capital markets tech space are providing software and/or services for investment banks, hedge funds, investment managers, and so forth. Companies included use technology across the front, middle, and back-offices and streamline all pre- and post-trade operations.

B

Blockchain

3,282 items

Companies and startups in this collection leverage blockchain technology for crypto investing and trading, decentralized finance (DeFi), NFTs, and more.

U

Unicorns- Billion Dollar Startups

832 items

Dunamu Patents

Dunamu has filed 1 patent.

The 3 most popular patent topics include:

  • Blockchains
  • Cryptocurrencies
  • Cryptographic hash functions
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/17/2020

Cryptocurrencies, Cryptographic hash functions, Blockchains, Cryptography, Hashing

Application

Application Date

7/17/2020

Grant Date

Title

Related Topics

Cryptocurrencies, Cryptographic hash functions, Blockchains, Cryptography, Hashing

Status

Application

Dunamu Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Dunamu Rank

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