Upbit Operator Dunamu Q1 Operating Profit Down 78% Year-on-Year

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