South Korean Crypto Exchange Operator Dunamu To Invest Up To US$93M In Blockchain Startups

Dunamu, the company behind South Korea’s cryptocurrency exchange platform Upbit, has announced that it is allocating as much as KRW 100 billion (US$93 million) to invest in blockchain technology in the next three years. In particular, the company said it will invest in blockchain startups tackling areas that include data analytics and management, artificial intelligence and fintech via mergers and acquisitions as well as equity investment.

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