Dunamu – the company behind leading South Korean crypto exchange Upbit – plans to invest 500 billion won ($380 million) over the next five years and recruit around 10,000 new jobs.
Crypto Winter Expansion
Bear markets and investor interest in the industry are declining. This has led many companies to cut costs and lay off some employees, such as Coinbase, Bybit, and Gemini, for example.
However, few companies decide to take this opportunity to invest in their business. It aims at future expansion and strength in this sector. And the latest appears to be Dunamu, a South Korean fintech company.
established companytargetThat will spend nearly $380 million over the next five years. and create thousands of new jobs for Koreans. Additionally, Dunamu intends to oversee 500 blockchain startups and recruit around 1,000 developers.
“Dunumu will work together to strengthen the country’s industrial competitiveness. by investing in new and growing industries such as blockchain and job creation.” – CEO Sirgoo Lee
Dunamu was founded in 2012 and is headquartered in Seoul. It is one of the leading fintech companies in the country and in 2017 launched Upbit, one of the largest cryptocurrency exchanges in South Korea.
The post Dunamu Fintech, the giant of Korea Set to recruit 10,000 Web3 jobs and invest $380 million appeared first on Bitcoin Addict.