Exchanges· ★★★· neutral·

Dunamu sets up Dunamu USA to invest in US companies

  • —Dunamu USA is a subsidiary of Dunamu Central, capitalized at 500 million won
  • —Dunamu CFO Paek Dong-ho heads the new entity
  • —Dunamu's H1 revenue was 408.1 billion won, operating profit 111.5 billion won
  • —Revenue and profit fell 49% and 80% year-on-year
Why it matters: Dunamu is diversifying beyond exchange fees as profit slumps, while denying any preparation for a US listing.
Source: Bloomingbit