In a decisive transfer, Dunamu, the operative pressure behind the famend Upbit cryptocurrency trade, has introduced the reappointment of CEO Lee Sirgoo for an extra time period, charting his course on the helm for a outstanding decade. The unanimous determination was ratified by Dunamu’s shareholders throughout a rare basic assembly held on Tuesday, marking a pivotal second for the corporate.
Assuming the mantle in 2017, Lee Sirgoo’s tenure now stretches into 2026 following the resounding three-year extension approval. Expressing his dedication, Lee asserted, “We’ll work collectively to assist Dunamu set up itself as a frontrunner within the international fintech trade within the Web3 period and create a wholesome funding tradition.”
With a profession spanning over a decade, Lee Sirgoo brings a wealth of expertise in on-line portals, information media, and digital platforms. His spectacular observe document features a directorial function at Naver (previously NHN), and a stint from 2014 to 2015 as the pinnacle of Kakao, the operator of Korea’s preeminent messenger app.
Lee’s management acumen has been instrumental in guiding Dunamu by means of the dynamic panorama of the cryptocurrency market. Acknowledged as a key trade determine, he presently chairs the Digital Asset Change Alliance (DAXA), a coalition of main cryptocurrency exchanges in South Korea.
Regardless of the latest fluctuations within the crypto market, Dunamu’s fiscal report for the third quarter displays resilience. The corporate posted income of 193 billion gained ($147 million) with an working revenue of 101.8 billion gained, albeit experiencing a decline of 29 % and 39.6 %, respectively, in comparison with the identical interval in 2022. The online revenue for the third quarter recorded 29.5 billion gained, reflecting an 81.6 % decline on a year-on-year foundation.
As Dunamu steers by means of the complexities of the cryptocurrency sector, the extension of Lee Sirgoo’s management underscores a strategic imaginative and prescient for sustained development and prominence within the international fintech panorama. The corporate’s dedication to navigating the evolving Web3 period aligns with Lee’s steadfast management, solidifying Dunamu’s place as a key participant within the ever-expanding cryptocurrency realm.
