Upbit operator Dunamu saw an 85% year-on-year increase in operating profit last year, setting a new historical high

BlockBeats News: On March 28th, according to KoreaHerald, Upbit operator Dunamu's operating profit in 2024 increased by 85% year-on-year, reaching 119 trillion Korean won (811 million US dollars). Sales revenue surged 70.5% to 1.73 trillion Korean won, while net profit increased by 22% to 983.8 billion Korean won. The company stated that this is Dunamu's highest ever return, reflecting a surge in demand from investors in a highly optimistic situation, particularly with regards to US President Donald Trump's commitment to supporting cryptocurrency. As of the end of 2024, the number of cryptocurrency investors in South Korea has increased by 52% year-on-year to 9.67 million, with their total holdings soaring to KRW 105.1 trillion.