Dunamu Q3 Profit Soars on Crypto Market Rebound, US Regulatory Boost

Sunday Nov 16 2025 10:10

Duration

2 min

  1. 0.1 Dunamu Reports Strong Q3 Financial Performance

  2. 0.2 US Regulation Boosts Investor Confidence

  3. 0.3 Enhanced Reporting Requirements

  4. 0.4 Potential Acquisition by Naver Financial

Dunamu Reports Strong Q3 Financial Performance

Dunamu, the operator of the Upbit cryptocurrency exchange, announced a substantial surge in profits for the third quarter of the year, posting a net income of 239 billion won (approximately $165 million USD). This figure represents an increase of over 300% compared to the same period last year, which stood at $40 million USD, according to a report by Chosun Biz citing regulatory filings with the Financial Supervisory Service.

Revenue and Operating Profit Growth

The filing indicated strong momentum across all key performance indicators (KPIs). Consolidated revenue climbed to $266 million USD, a 35% increase from the previous quarter, while operating profit rose by 54% to $162 million USD. Net income also jumped 145% quarter-over-quarter from $67 million USD.

Drivers of Growth

The company attributed its improved performance to increased trading activity as global digital asset markets rebounded throughout 2024 and 2025. The company also pointed to the impact of regulatory legislation in the United States.

US Regulation Boosts Investor Confidence

Dunamu stated that investor confidence received a significant boost following regulatory developments in the United States, including the passage of the Genius Act, the Clarity Act, and the Anti-CBDC Bill. The company added that these measures contributed to renewed institutional participation and more stable market conditions.

Enhanced Reporting Requirements

Dunamu has faced heightened reporting requirements since 2022, when it was added to the list of corporations subject to external audit due to having more than 500 shareholders. Several major crypto firms experienced revenue increases last quarter.

Potential Acquisition by Naver Financial

As Cointelegraph reported, Naver Financial, the fintech arm of South Korea's largest internet company, is preparing to acquire Dunamu. Naver reportedly plans to bring Dunamu in as a subsidiary through a share swap, with board approvals expected soon. Upbit Korea is the largest crypto exchange in South Korea in terms of trading volume and customer base, according to CoinMarketCap.

Risk Warning: this article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform.When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients. 

Default Author Avatar

Written by:

Sophia Claire

Asset List

View Full List
Most Traded Commodities Indices Crypto Shares Forex
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now

Latest

View all

Friday, 17 April 2026

Duration

4 min

Ukraine Seeks Air Defense Prowess Amid Russian Threats to European Drone Factories

Friday, 17 April 2026

Duration

3 min

Global Investors Ramp Up Dollar Hedging as Geopolitical Fears Subside

Thursday, 16 April 2026

Duration

3 min

Gold price today, April 17: XAUUSD climbs 3.6% amid oil volatility, how high will gold go in 2026?

Latest news

Thursday, 16 April 2026

Indices

Gold price today, April 17: XAUUSD climbs 3.6% amid oil volatility, how high will gold go in 2026?

Thursday, 16 April 2026

Indices

Crypto market update: Altcoin Season Index surges to 38, Altcoin price today (ALT/USD) is $0.000104

Thursday, 16 April 2026

Indices

Citi Warns of Twin Rate Hikes by SARB Amid Rising Oil Prices and Inflation Pressures

Thursday, 16 April 2026

Indices

Crypto Market News: South Korea Moves to Phase Out Government Cards in Favor of Blockchain Deposit Tokens

Wednesday, 15 April 2026

Indices

Middle East Financial News: Saudi Arabia Steps In with $3 Billion Aid for Pakistan as UAE Demands Debt Repayment

Wednesday, 15 April 2026

Indices

Gold price today, April 16: XAU/USD drifts below $4,800 as the US Dollar strengthens

Wednesday, 15 April 2026

Indices

How is the ZA economy doing right now: What is the current rate of unemployment in South Africa?

Wednesday, 15 April 2026

Indices

AI Industry Boom: What’s Driving the Allbirds ($BIRD) Stock Rally? Is Allbirds Inc the Next AI Giant?

Tuesday, 14 April 2026

Indices

Gold price today, April 15: XAUUSD was $4,830.58 per ounce, gold prices have risen 50.26% over the past 12 months

Tuesday, 14 April 2026

Indices

Investec Chief Economist Annabel Bishop Warns of Global Risk Aversion Impacting South Africa Investment in 2026

See all news