Upbit Moves Closer to Nasdaq Listing Amid Naver Merger and Shifting Korean Crypto Landscape

Upbit is making significant strides toward a potential listing on the Nasdaq as its merger with Naver progresses. This move follows Dunamu’s impressive financial performance, with profits soaring by 85% last year, which strengthens Upbit’s case for an American listing. The Naver-backed exchange is poised to become more unified through this integration, potentially driving increased investor interest in the South Korean crypto sector.