Upbit Parent Set to List on Nasdaq Amid Naver Merger

Dunamu, the parent company of South Korea’s leading cryptocurrency exchange Upbit, is preparing for a major financial leap by pursuing an IPO on the Nasdaq Stock Exchange. This ambitious move follows a strategic merger with the tech giant Naver, which is expected to be finalized this week after board approvals. This significant development aligns with the growing trend of listing crypto firms in the US and offers investors greater access to the dynamic Asian crypto market.