Dunamu targets growth beyond Korea's crypto market
Dunamu is pursuing its next phase of growth beyond Korea, aiming to connect the country's digital asset ecosystem with global financial markets, company CEO Oh Kyoung-suk said Wednesday. "Korea has world-class capabilities in digital assets, with a large user base, ample liquidity and strong expertise, but much of that strength remains confined to the domestic market," Oh said during a keynote…
Dunamu, a Korean company, is targeting expansion beyond its domestic crypto market, CEO Oh Kyoung-suk announced on Wednesday. While Korea boasts world-class digital asset capabilities, including a large user base and strong expertise, much of this strength remains confined within the country, Oh noted during a keynote at Korea Blockchain Week.
The CEO emphasized the importance of connecting the thriving domestic market with the rest of the world to turn Korea into a significant global financial hub. Oh stressed the necessity of creating transparent and predictable channels for global capital and companies to enter the Korean market with confidence. Additionally, he highlighted the need for a framework that enables seamless conversion of foreign capital and digital assets into won, allowing them to be utilized in real-world financial activities.
Dunamu, according to Oh, could play this bridging role, as the company plans to collaborate with Naver Financial on this initiative.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Dunamu targets growth beyond Korea's crypto market koreatimes.co.kr
