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Fintech firms corporate value plunges amid rate hikes, recession woes

Fintech firms corporate value plunges amid rate hikes, recession woes

Upbit/Dunamu s Blockchain Firm Lambda256 Raises $60M in Series B Funding

Upbit/Dunamu s Blockchain Firm Lambda256 Raises $60M in Series B Funding

/PRNewswire/ Lambda256, the blockchain arm of Korea s leading fintech firm Dunamu, announced today it has secured $60 million (70 billion KRW) in a Series B.

Upbit operator Dunamu expected to go public on NYSE

Upbit operator Dunamu expected to go public on NYSE Posted : 2021-04-06 17:21 By Anna J. Park As cryptocurrencies continue to enjoy a bullish run lately, investors are eyeing Dunamu, the operator of Korea s largest crypto exchange Upbit, and its expected listing in the future. According to the investment banking industry, the blockchain-based fintech company has recently been said to be holding meetings with global investment banks such as Goldman Sachs and Credit Suisse to examine the firm s possible IPO options, including a listing on the New York Stock Exchange (NYSE). While the local investment banking industry expects the firm to go public on the U.S. stock market as early as 2022, a Dunamu official simply said that nothing has been decided as of now.

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