• Dunamu’s Q3 net income surges to $165M, up 300% YoY, driven by market rebound and US crypto legislation.
• The company’s operating profit rises 54% to $162M, with net income jumping 145% QoQ to $67M.
• Naver Financial to acquire Dunamu through a share swap, expanding its presence in the crypto market.

Dunamu, the operator of Upbit, South Korea’s largest cryptocurrency exchange, has reported a jaw-dropping $165 million of net income for the third quarter of the year. In comparison to the same period last year, this is a whopping 300% increase which was mainly influenced by the market rebound and an uptrend of investor confidence. The firm’s consolidated revenue reached $266 million which is a 35% increase from the last quarter.

Strong Momentum Across Key Metrics

Dunamu’s better performance is connected to increased volumes of trades as global digital asset markets have recovered in both 2024 and 2025. The company’s operating profit went up by 54% reaching $162 million while net income increased by 145% quarter-over-quarter from $67 million. The positive momentum exhibited here is a proof of the company’s resilience and its ability to adjust to a rapidly changing crypto environment.

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US Crypto Legislation Boosts Investor Confidence

According to Dunamu, the enactment of U.S. crypto laws such as the Genius Act, Clarity Act, and Anti-CBDC Bill has been responsible for the increase in investor confidence. These regulatory implementations have led to the return of institutional investors and to more stable market conditions.

As the crypto sector keeps on changing, clear and supportive regulations remain the main driver of growth and innovation.

Also Read: Avantis Targets $1.50 on Upbit Listing

Industry-Wide Growth Trend

Dunamu is not alone in seeing such a jump in revenue. In fact, bitcoin mining company TeraWulf and the cloud bitcoin miner based in Singapore, BitFuFu, have also reported remarkable increases in their third-quarter revenue. The trend points to a bright future with sustained growth and expansion for the crypto industry.

Also Read: Upbit Battles FIU: Dunamu Launches Explosive Lawsuit Over Crypto Sanctions

Naver Financial to Acquire Dunamu

Through a share swap, the fintech arm of South Korea’s largest internet company, Naver Financial, is set to acquire Dunamu.

Dunamu is expected to be brought under Naver Financial’s wing as a result of this acquisition, thus extending its dominance in the crypto market. The decision reflects the desire of traditional financial institutions to get involved in the crypto sector.

Also Read: Bitcoin’s Drop Won’t Last If Capital Keeps Flowing, Says CryptoQuant CEO

Dunamu’s staggering Q3 profit is one of the most telling signs of the crypto market comeback. As the sector is on its way to becoming more stable, firms like Dunamu will be in a position to benefit from the upsurge in demand for crypto-related services. With functional regulations and well-planned partnerships, the crypto industry will probably continue to ​‍​‌‍​‍‌​‍​‌‍​‍‌blossom.

Also Read: Crypto Fraud Sentences: Wolf Capital CEO Gets 5 Years, “Cryptoqueen” Jailed 11+ Years