Jun 1, 2026
EnglishEDITIONS: EN

CBC News

CBC English News Edition
Crypto

Dunamu Gains Attention from Traditional Financial Sector... Vice Chairman Kim Hyung-nyeon: "Borderless Blockchain Requires Long-Term Ecosystem Cultivation"

As global competition surrounding the digital asset market intensifies, the financial sector's attention is once again focusing on the role of Dunamu co-founder

EditorialTranslation: EN
Briefing

What to know

  • As global competition surrounding the digital asset market intensifies, the financial sector's attention is once again focusing on the role of Dunamu co-founder
Dunamu Gains Attention from Traditional Financial Sector... Vice Chairman Kim Hyung-nyeon: "Borderless Blockchain Requires Long-Term Ecosystem Cultivation"

As global competition surrounding the digital asset market intensifies, the financial sector's attention is once again focusing on the role of Dunamu co-founder and Vice Chairman Kim Hyung-nyeon in the domestic blockchain industry.

Expansion of the Nexus Between Traditional Finance and Digital Assets Signs of change have recently emerged in the market atmosphere. With financial groups such as Hana Financial Group and Hanwha Investment & Securities moving to acquire stakes in Dunamu, the nexus between the traditional financial sector and the digital asset industry is expanding. The industry views this as more than a simple financial investment. Analysts suggest that digital assets are highly likely to become linked to future changes in financial infrastructure, moving beyond a market centered on a subset of investors.

Operating Upbit, the largest digital asset exchange in South Korea, Dunamu currently holds symbolic influence in the domestic blockchain ecosystem. This is because the massive user data secured through Upbit, along with its blockchain technology, trading and settlement infrastructure, and potential for stablecoin integration, are emerging as core assets for future changes in the financial ecosystem. The digital asset market is also expanding its domain beyond its image as a speculative market for individual investors, trending toward integration with traditional finance through initiatives like won-backed stablecoins, real-time overseas remittances, blockchain-based payment and settlement systems, and tokenized real-world assets (RWA).

Vice Chairman Kim Hyung-nyeon's Philosophy on Industry Cultivation Amid these trends, Vice Chairman Kim Hyung-nyeon has emphasized an approach based on a long-term ecosystem perspective. During a talk at the D-CON event last year, Kim diagnosed, "The biggest characteristic of blockchain is that it is borderless," adding, "The tighter the restrictions, the more likely a trend will emerge to shift to other methods." This is interpreted to mean that industry cultivation and balanced management are necessary, rather than an approach centered solely on regulation.

He also mentioned the need for a balance between investor protection and industry growth. Emphasizing that "exchanges must act as conduits for regulation," Kim pointed out the possibility that strict regulations could lead to an increase in domestic investors using overseas platforms. In fact, he stated, "I hear that cases of using foreign exchanges are increasing not only among the 2030 generation but also among investors in their 40s."

Furthermore, Kim added, "In the process of industry growth, a certain degree of trial and error and institutional refinement may appear together," highlighting the need to view the blockchain industry from a long-term ecosystem perspective rather than a short-term one. As the movements of the traditional financial sector coincide with the changing trends of the digital asset market, Dunamu's future direction and Vice Chairman Kim Hyung-nyeon's role are expected to garner even more attention.