South Korea’s Dunamu Sees Crypto Revenue Slowdown in 2025
The post South Korea’s Dunamu Sees Crypto Revenue Slowdown in 2025 appeared on BitcoinEthereumNews.com.
South Korea crypto firm Dunamu reports $1.03B revenue in 2025 as profits fall due to weak trading volumes and regulatory changes. South Korea’s crypto market faced a clear slowdown in 2025. Dunamu, operator of Upbit, reported weaker financial results. This resulted in revenue of KRW 1.56 trillion, or $1.03 billion. However, there was a decline of 10.04% on a year-over-year basis, reflecting a lower crypto trade volume. Crypto Market Slowdown Hits Dunamu Earnings Hard Dunamu’s operating profits fell significantly, reaching KRW 869.2 billion for the year. This represents a drop of 26.7% from the previous year. In addition, the net profits fell by 27.9%, reaching KRW 708.9 billion. The company attributes this to lower crypto trade volumes. Dunamu, the operator of South Korea’s largest crypto exchange Upbit, reported 2025 revenue of KRW 1.56 trillion ($1.03 billion), down 10.04% YoY. Operating profit fell 26.7% to KRW 869.2 billion, and net profit declined 27.9% to KRW 708.9 billion, with the company attributing the… pic.twitter.com/ZzKG8GHyLk — Wu Blockchain (@WuBlockchain) March 30, 2026 Further, the crypto trade volumes in South Korea, where the company operates, fell. The average daily transaction volumes fell by nearly 15% compared to the previous year, or 2024. This resulted from the global economy’s slowdown and lower investor enthusiasm for crypto assets. Related Reading: Crypto News: South Korea NTS Plans Private Custody for Seized Crypto | Live Bitcoin News Additionally, the crypto market in South Korea evolved from the previous speculative behavior. In the past, small investors traded crypto assets frequently in search of quick profits. However, this behavior slowed down in 2025, resulting in lower crypto trade volumes. Finally, there was pressure on crypto companies in South Korea. The Virtual Asset User Protection Act became fully active in mid-2024. As a result, crypto companies in the country faced a…
Filed under: News - @ March 30, 2026 4:26 pm