TechFlow news, on August 19, according to Cointelegraph, Dunamu, the operator of Upbit, has seen its employees and executives earn an average income exceeding that of employees at South Korea's four major banks. Data from the Financial Supervisory Service (FSS) shows that in the first half of 2024, the average salary of Dunamu employees reached 133.73 million Korean won (approximately $99,500), compared to an average of 116 million Korean won (approximately $86,700) at major banks.
This salary growth stems from the market's strong performance in 2024, particularly after the U.S. Securities and Exchange Commission (SEC) approved the first spot Bitcoin exchange-traded fund (ETF), significantly boosting interest in digital assets. Dunamu achieved consolidated sales of 5.311 trillion Korean won (approximately $400 million) in the first quarter of 2024, with operating income increasing by 60.5% compared to the fourth quarter of 2023.
