Dunamu cuts dividend to 5,827 won per share amid lower trading volume

Dunamu, the operator of South Korean crypto exchange Upbit, has decided to pay a dividend of 5,827 won per share this year, down from a record 8,777 won in the previous year, News1 reported. The total dividend payout is also set to decrease from approximately 300 billion won last year to around 200 billion won this year. The reduction is attributed to fluctuating trading volumes on Upbit amid volatility in the digital asset market.