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Dunamu Completes US GAAP Conversion in Preparation for Potential US Listing

Guavy AI Editorial Team
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Dunamu, the operator of South Korea's Upbit crypto exchange, has completed the conversion of its financial statements to US GAAP as it prepares for a US listing.

As part of preparations for a comprehensive stock swap with Naver Financial, Dunamu recently converted its existing financial statements to US accounting standards with the help of a major South Korean accounting firm.

The stock swap between Dunamu and Naver Financial is set to take place on December 31, 2026, after a shareholder meeting scheduled for November 19, 2026. The two companies are also pursuing a plan to complete a listing within a certain period after the stock swap.

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