Upbit Operator Dunamu Reports Significant Profit Surge Amid Crypto Market Rebound and US Legislation
Upbit Operator Dunamu Reports Significant Profit Surge Amid Crypto Market Rebound and US Legislation
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Dunamu, the operator of the South Korean cryptocurrency exchange Upbit, announced a substantial net income of $165 million in Q3. This figure represents an impressive year-over-year increase of over 300%, primarily driven by a robust market rebound and heightened investor confidence, which has been further bolstered by new US crypto legislation.
Upbit operator Dunamu posted $165 million in Q3 net income, driven by a market rebound and stronger investor confidence following new US crypto legislation.