Upbit operator Dunamu Q1 operating profit down 78% year-on-year

Odaily reports that Upbit operator Dunamu disclosed its consolidated revenue for the first quarter of 2026 was approximately $157 million, down 55% year-on-year; operating profit was approximately $59 million, down 78% year-on-year; net profit was approximately $46.6 million, down 78% year-on-year. Dunamu stated that the performance decline was primarily due to the global economic slowdown and a decrease in trading volume in the digital asset market. (Asia Economy)