Dunamu CEO announces plans to connect Korean finance with global on-chain
Quick Look
At Korea Blockchain Week, Dunamu CEO Oh Gyeong-seok emphasized the need to connect the competitiveness of the Korean digital asset market with the global market, and suggested a stock exchange agreement with Naver Financial and AI financial service linkage through Upbit Skills as a global expansion strategy.
AI-generated summary
Why It Matters
Dunamu operates Upbit, Korea's No. 1 digital asset exchange, and has been participating as a top sponsor in Korea Blockchain Week, Asia's largest blockchain event, starting this year.
(Seoul = Yonhap News) Reporter Han Ji-hoon = Dunamu CEO Oh Gyeong-seok said on the 30th, “Dunamu’s next task is to connect (the Korean market) with the global market.”
CEO Oh said this at the 'Korea Blockchain Week' (KBW) event held at the Walkerhill Hotel in Gwangjin-gu, Seoul this morning, saying, "Upbit has not stayed in its current position as Korea's No. 1."
Dunamu has participated as a top sponsor in KBW, Asia's largest blockchain event, starting this year. CEO Oh gave a keynote speech on the topic of ‘Going beyond digital asset trading to financial infrastructure for connectivity.’
Representative Oh pointed out, “Korea has world-class capabilities in the digital asset field, but even though it has many users, abundant liquidity, and excellent capabilities, its power is limited to the domestic market.”
“It is important to connect this competitive market with the rest of the world,” he said. “With access, connectivity and export potential, we can move forward as an important global financial hub.”
CEO Oh mentioned signing a comprehensive stock exchange agreement with Naver Financial as one of Dunamu's global expansion strategies.
He said, “The first connection we want to make is to connect the Web3 financial infrastructure and the Web2 user payment platform to create an infrastructure that can compete in the global market.”
Furthermore, he said, “We want to connect Korean finance with global on-chain,” and “We want to create a common infrastructure that various financial participants can utilize.”
He added, “We want to provide a common foundation for banks, securities firms, technology companies, fintech, and digital asset operators.”
Representative Oh emphasized, “We will strive to help Korea become the standard for global financial infrastructure,” and added, “In the era of digital finance, Korea will have opportunities like New York, Singapore, and Hong Kong.”
The rapidly developing artificial intelligence (AI) technology was also mentioned as the biggest concern in the industry, including Dunamu.
CEO Oh introduced, “Through Upbit Skills, we are creating a point of contact where AI is directly connected to financial services.”
In relation to this, Park Wi-ik, CEO of FactBloc, the organizer of KBW, said, “The scene where AI agents select services, process tasks, and pay fees is no longer a distant future.”
He continued, “In the AI era, the Web3 industry can become an infrastructure of trust,” and predicted, “We will make AI and Web3 convergence a key agenda in the future.”
What to Watch
AI outlook — possibilities, not facts
Dunamu’s construction of a global financial infrastructure will lead to the announcement of specific partnerships.
Likely · Within months
AI financial service connection through Upbit Skills will be launched as a pilot service
Possible · Within months
Open Questions
- What are the specific terms of the stock exchange agreement with Naver Financial?
- What is the specific roadmap for connecting AI financial services through Upbit Skills?
- How do you plan to resolve regulatory barriers to building a global financial infrastructure?
