Upbit Exchange Operator Plies $46 Million Into Blockchain in First Year of Investment

Cointelegraph

Published May 15, 2019 11:26AM ET

Updated May 15, 2019 11:42AM ET

Upbit Exchange Operator Plies $46 Million Into Blockchain in First Year of Investment

The parent company of South Korean cryptocurrency exchange Upbit has invested almost $50 million in blockchain startups since March 2018, English-language Korean business news outlet The Investor reported on May 15.

Dunamu, which created a dedicated investment subsidiary, Dunamu & Partners, at the same time last year, has given cash to a total of 26 businesses.

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