Dunamu, the operator of South Korean cryptocurrency exchange Upbit, reported a 70% increase in revenue to 1.7316 trillion won in 2020, and an 85.1% surge in operating profit to 640.9 billion won. This is the first time Dunamu’s operating profit has exceeded 1 trillion won. The increase in profits is attributed to the enhancement of Bitcoin investment sentiment, driven by factors such as the approval of Bitcoin spot Exchange-Traded Funds (ETFs) in the US and anticipation of pro-cryptocurrency policies from the second Trump administration.
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Auto-posted at: 2025-03-27 21:02:47