Dunamu launches Oh Kyung-seok's leadership..."Global expansion through AI adoption"

Dunamu, the operator of the cryptocurrency exchange Upbit, announced on the 27th that Oh Kyung-seok has been appointed as the new CEO through an extraordinary general meeting.

In his inaugural address, the new CEO Oh expressed, "I feel a great sense of responsibility at this historic turning point as the institutionalization of the digital asset market takes off in earnest," and added, "At this time, Upbit has not just remained as the top domestic exchange but has established itself as the leading domestic digital asset platform, competing head-to-head in the global market based on its technological strength and trust."

CEO Oh highlighted Upbit's competitiveness by citing examples from global rating agencies. He said, "In Forbes' ranking of 'Most Reliable Cryptocurrency Exchanges' announced this year, Upbit ranked first domestically and seventh globally," and explained, "In last year's Q4 evaluation by global digital asset data provider Kaiko, we've also ranked first domestically and fifth globally."

He continued, "This means that Upbit is being recognized not just for trading volume but for its intrinsic value criteria," adding, "By focusing on our customer-centric essence, making bold investments for a strong edge in technology and security, and pursuing continuous service innovation and global expansion, we will drive Upbit's next leap forward."

He also revealed a strong commitment to the advancement of artificial intelligence (AI)-based technologies. CEO Oh emphasized, "The recent advancement of artificial intelligence technologies, including generative AI, is transforming the paradigm of the digital asset market," and warned, "Technological innovation is required in core areas such as abnormal transaction detection, personalized asset management, and automated customer service."

He said, "We will turn these technological changes into opportunities by advancing our AI-based technologies and data capabilities, and by laying a solid technological foundation to evolve Upbit into an intelligent digital asset platform."

He added, "Based on transparent operations and the practice of ESG values, we plan to take the lead in creating a sound market environment and fulfilling our social responsibilities," and remarked, "We aim to grow Dunamu into a representative innovative company for Korea, so it can proudly compete on the global stage."