← Embedded Finance Index 2026

Dunamu

Can Korea's #1 crypto exchange operator extend its blockchain infrastructure into the rails of mainstream banking, payments and cross-border remittance?

Founded2012
HQSeoul, South Korea
IndustryFintech / Crypto
The story

Founded in 2012, Dunamu evolved from the Stockplus mobile securities information app into Korea's dominant crypto-asset franchise after launching the Upbit exchange in 2017. The group now spans crypto trading (Upbit), NFTs, an unlisted equity marketplace (Stockplus Unlisted), investment management (Maplus), and blockchain infrastructure via subsidiary Lambda256 (Nodit). Most recently, Dunamu is pushing into traditional finance infrastructure — its own GIWA Layer-2 chain and BOJAGI zero-knowledge protocol are being used with Hana Financial Group to replace SWIFT messaging for cross-border bank remittances.

Last 12 months
2024-09
2026-02
Product timeline
2014
Launched Stockplus, a comprehensive securities investment platform· launch
2016
Launched Maplus discretionary investment management via Dunamu Investment Management· launch
2017
Launched Upbit, which became Korea's largest digital asset exchange· launch
2021
Launched Upbit NFT marketplace· launch
2024
Signed MOU with K Bank and BC Card for digital financial services cooperation· partnership
2025
Launched Upbit Data Lab integrated digital-asset data service· launch
2026
Completed blockchain remittance PoC with Hana Financial Group using GIWA chain and BOJAGI privacy protocol· partnership
Regulated entities
1
regulatory licence held by Dunamu
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
5 layers disclosed in Dunamu’s embedded-finance stack
Payments / PSP
Upbit (self-operated digital asset exchange)Stockplus (self-operated securities platform)
Banking / BaaS
in the full report
Sponsor bank
in the full report
FX & payouts
in the full report
Crypto
in the full report
Accounting gap: none
9 more providers across 4 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.