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DUNAMU
Dunamu
Cryptocurrency · Seoul · South Korea · Founded · 2017 · ≈ · 300 · employees

Dunamu: Company Profile & Valuation

Private

Dunamu, headquartered in South Korea, remains privately held in the cryptocurrency space. Its most recent disclosed valuation is $10.7B. The stock is not listed on any public market.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Dunamu at a glance
Last valuation
$10.7B
POST-MONEY · MAR 2022
Raised across rounds
$11.3B
5 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
BTC—
BTC-PERP · live
Valuation history

Dunamu valuation history

2 valuations. The latest, $12.5B secondary, was set by the Secondary sale in Jan 2022.

$10.7B
Sep 2021
$10.7B
Series C · post-money
Jan 2022
$12.5BLATEST
Secondary sale · secondary
+17% vs prior valuation
Latest valuation
$12.5Bsecondary
Set by the Secondary sale · 27 Jan 2022
×1.2since the $10.7B Series C in Sep 2021
Valuations
2
Priced rounds with a valuation
Event type
Secondary sale
The Secondary sale · $126M raised
Undated: Strategic investment at —.
Funding history

Dunamu funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series C
Sep 2021
$85.3M
$10.7B
Hana Financial Group
—
Secondary sale
Jan 2022
$126M
$12.5B
—
+16.5%
Late-stage
Jan 2025
$95M
—
Kakao Ventures, Woori Technology Investment, Hanwha Investment & Securities
—
M&A
Nov 2025
$10.3B
—
Naver Financial
—
Strategic investment
—
$670M
—
Hana Financial Group
—
Dunamu · investors

Investors

HHana Financial GroupLEADNNaver FinancialLEADKKakao VenturesLEADWWoori Technology InvestmentLEADHHanwha Investment & SecuritiesLEADHanwhaAtinum Investment
Will Dunamu IPO?
Founded
2017
Sep 2021
Series C · $10.7B
Nov 2025
M&A
IPO
Not announced
No filing has been made.
Dunamu — the private market
Last valuation$10.7B · post-money · Mar 2022
Total raised$11.3B
Lead investors
Hana Financial GroupNaver FinancialKakao VenturesWoori Technology Investment
IPO statusNot announced
Founded · HQ2017 · Seoul · South Korea
Employees≈ 300
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Dunamu

Dunamu operates Upbit, South Korea's largest cryptocurrency exchange by trading volume, alongside Stockplus and Stockplus Unlisted for listed and private-share investing, Maplus for robo-advised portfolios, and Lambda256's Luniverse enterprise blockchain service. Upbit launched in 2017 and now serves more than 9 million registered users, handling more than 80% of South Korea's domestic crypto trading volume and ranking among the top five exchanges globally by daily volume. Dunamu is headquartered in Seoul.

In September 2025, Naver, South Korea's largest internet company, was reported to be negotiating an all-stock swap to acquire Dunamu, following a 2022 secondary transaction that implied a valuation of more than $12.5 billion for the company.

The money screen · ranked by accessibility

How to get Dunamu exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Dunamu.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Dunamu availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Dunamu included.

No account needed

Dunamu stock — frequently asked questions

Who has invested in Dunamu?›

Lead investors for each round are in the funding timeline.

Who are Dunamu's competitors?›

The closest cryptocurrency peers are on the competitors page.

How can I get exposure to Dunamu?›

The routes section explains what is realistically available for a company at this stage.

Is Dunamu publicly traded?›

No. Dunamu is a private company; its shares do not trade on a public exchange.

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