Oh Kyung-seok, CEO: "Upbit to use 'Giwa Chain' as a springboard for global expansion"

Oh Kyung-seok, CEO of Dunamu, which operates the virtual asset (cryptocurrency) exchange Upbit, expressed his intention to expand beyond South Korea to the global market.

At the 'Future Tech Forum: Digital Assets' held on the 30th at the Gyeongju Arts Center, Oh, appearing as a panelist, replied to a question about "Dunamu's future," saying, "Dunamu is striving to build a blockchain ecosystem with the newly launched 'Giwa Chain,'" and "Our vision goes beyond Korea and beyond the exchange."

He emphasized, "Giwa Chain is expected to serve as infrastructure for various digital asset industries in the future, including stablecoins (virtual assets whose value is linked to fiat currency)."

Additionally, Oh said Dunamu will support the institutionalization of the domestic digital asset industry. He said, "Korea has the potential to grow into a global hub by connecting finance and technology through the institutionalization of the digital asset market," adding, "Although the full integration of traditional finance and digital assets has not yet been achieved, once institutionalization begins, change will be very rapid."

He went on to say, "Dunamu's ultimate goal is to give the market confidence," adding, "We will build a practical framework in line with the government's direction and the digital asset-related industries the government is promoting."