posted about 2 years ago Dunamu, the operator of South Korea’s largest cryptocurrency exchange Upbit, backed by local mobile messaging giant Kakao, announced Monday that it plans to invest 100 billion won ($92.5M) toward blockchain technologies over the next three years. The exchange operator said it would invest in blockchain tech startups and firms pursuing areas that can be integrated with blockchain, including data analytics and management, artificial intelligence and financial technology via mergers and acquisitions as well as equity investment. Tags: bitcoin, blockchain, news
South Korea's, which operates Dunamu biggest cryptocurrency exchange, Upbit, is set to invest KRW100bn ($92.5m) in blockchain start-ups. Partnering with mobile messaging giant Kakao, South Korea's said it will seek out firms working on projects that can be integrated with blockchain, including artificial intelligence, fintech and data analytics.