Even Though The Crypto Market Is Down, This Fintech Company Opens Job Vacancies For 10,000 Positions

Dunamu Company opens job vacancies for 10,000 positions. (photo: doc. Unsplash)

JAKARTA – The decline in the crypto market in recent months has caused a number of cryptocurrency industries to be shaken. A number of crypto trading companies have downsized employee numbers as have Coinbase, Gemini, ByBit and more.

This time around, Dunamu, the fintech company behind South Korea's largest crypto exchange, Upbit is doing something different. Dunamu plans to inject 500 billion won or 380 million US dollars for the next five years.

Dunamu also plans to open around 10,000 new job positions for the local community. Dunamu's decision is in contrast to a number of other crypto industries.

On the other hand, the decline in the crypto market has become an opportunity for several other crypto companies such as Binance, Ripple, and Dunamu. This condition was exploited by the three companies to expand their expansion and have a stronger presence in the cryptocurrency industry in the future.

Dunamu aims to distribute nearly 380 million US dollars over the next five years and thereby create thousands of new jobs for Koreans. In addition, Dunamu intends to nurture 500 blockchain startups and recruit around 1,000 developers.

“Dunumu will collaborate to strengthen the competitiveness of national industries by actively investing in new future growth industries such as blockchain and creating jobs.” said Dunamu CEO Sirgoo Lee.

For information, Dunamu is a fintech company based in Seoul and was founded in 2012. Then in 2017, Dunamu launched the Upbit crypto trading platform. It is the largest crypto trading platform in South Korea.