Dunamu Reports Significant Increase in Profitability for Q3 2025
Upbit operator Dunamu has announced a substantial increase in profitability for the third quarter of 2025, with a net profit of 239 billion won (US$165 million). This figure represents a remarkable surge of over 300% compared to the same period last year, which saw a net profit of $40 million. According to local news outlet Chosun Biz, citing regulatory filings with the Financial Supervision Service, Dunamu’s consolidated revenue increased 35% sequentially to $266 million, while operating profit increased 54% to $162 million.
The company’s net income also rose 145% from the previous quarter to $67 million, demonstrating strong momentum across all key metrics. Dunamu attributes its improved performance to increasing trading activity as global digital asset markets recovered in 2024 and 2025. The uptick in trading activity can be seen as a direct result of renewed investor confidence, which has been bolstered by regulatory developments in the United States.
Regulatory Developments in the US Contribute to Boost in Investor Confidence
Dunamu credits the passage of the Genius Act, the Clarity Act, and the anti-CBDC law in the United States for the boost in investor confidence. These regulatory developments have contributed to renewed institutional participation and more stable market conditions, according to the company. The increased transparency and clarity provided by these regulations have helped to alleviate some of the concerns surrounding the digital asset market, leading to increased investment and trading activity.
Since 2022, Dunamu has faced increased reporting requirements due to its addition to the list of companies subject to external audit, resulting from its more than 500 shareholders. This increased transparency has allowed for a more accurate assessment of the company’s financial performance and has likely contributed to the increased investor confidence.
Acquisition by Naver Financial and Market Performance
Naver Financial, the fintech arm of South Korea’s largest internet company, is preparing to acquire Dunamu through a share swap, with board approval expected soon. According to CoinMarketCap, Upbit Korea, operated by Dunamu, is the largest crypto exchange in South Korea in terms of trading volume and customer base. The acquisition is expected to further strengthen Dunamu’s position in the market and provide increased resources for growth and development.
Several major crypto firms, including Bitcoin mining company TeraWulf and Singapore-based cloud Bitcoin miner BitFuFu, have reported an increase in revenue in the last quarter, with some doubling their third-quarter revenue year-on-year. This surge in revenue is a testament to the growing demand for digital assets and the increasing adoption of cryptocurrency trading.
For more information on Dunamu’s Q3 2025 profitability surge, please visit https://cointelegraph.com/news/dunamu-upbit-q3-profit-300-percent-surge-2025?utm_source=rss_feed&utm_medium=rss_tag_regulation&utm_campaign=rss_partner_inbound
