Catenaa, Thursday, August 07, 2025- South Korea’s top cryptocurrency exchange Upbit, operated by Dunamu Inc., is planning to enter Vietnam as part of its global expansion, highlighting the country’s growing appeal to international digital asset firms.
Prime Minister Pham Minh Chinh met Dunamu vice chairman Kim Hyoung-nyon and Hana Financial Group vice chairman Lee Eunhung in Hanoi on July 29 to discuss potential cooperation.
Dunamu, which commands roughly 80% of South Korea’s crypto market, views Vietnam as a key growth hub in Southeast Asia.
Upbit is the world’s third-largest centralized crypto exchange, with more than six million users and over $1.1 trillion in trading volume in 2024. The company manages digital assets exceeding $80 billion and plans to collaborate with local institutions such as MB Bank to strengthen Vietnam’s digital asset sector.
Kim said Dunamu is committed to delivering secure and transparent services, aiming to attract both domestic and international investors. Industry observers see the move as a positive signal for Vietnam’s digital economy and a potential step toward a more structured and regulated market for crypto assets.
Vietnam’s growing digital infrastructure and tech-savvy population have positioned the country as an emerging hotspot for blockchain investment and fintech expansion.
