TechFlow news, January 15 — According to South Korean media, blockchain infrastructure company DSRV announced that it expects to achieve revenue of 10 billion KRW (approximately 7.6 million USD) and an operating profit of 300 million KRW in 2024, marking a 62% year-on-year increase and its first profit since founding five years ago. DSRV has selected Daeshin Securities as the main underwriter for its IPO and plans to list on KOSDAQ in the first half of 2026.
The company ranks ninth globally in the Ethereum staking market, managing over 4 trillion KRW in digital assets and delivering annualized returns of 4–5% to clients. DSRV plans to conduct a Series B funding round in the first quarter of 2025, targeting 30 billion KRW in revenue for 2025 while expanding into new business areas such as payments.
