Dunamu

Venture Capital
PORTFOLIO

Industry : 

Cryptocurrency/Stock Exchange

Investment Year : 

2017

Investment Type : 

Growth Stage

Stonebridge Ventures invested in at the growth stages of the business. At the time of the investment, Dunamu had a robust user base in Kakao Stock Exchange and ...

Dunamu operates Cryptocurrency Exchange called ‘Upbit’, the #1 service in the Korean market, Stock Exchange called ‘Kakao stock’ based on MTS. Currently they are focusing on blockchain technology to expand business.

Stonebridge Ventures invested in at the growth stages of the business. At the time of the investment, Dunamu had a robust user base in Kakao Stock Exchange and also just started applying an Exchange business model to the cryptocurrency connecting with BITREX, global top Exchange in North America.

Chihyung Song, the founder of Dunamu, moved fast and decisively in acquiring user base, based on a system capable of handling large transactions. Dunamu is showing exponential growth in the recent years. The transaction amount was once recorded at 10 trillion won a day.