Dunamu, the operator of the cryptocurrency exchange Upbit, reported a net profit of $165 million for Q3 2025, marking a 300% increase from the $40 million recorded in the same period last year. This surge is attributed to a recovery in the global digital asset market and favorable regulatory developments in the U.S., such as the passage of the 'Genius Act,' 'Clarity Act,' and 'Anti-CBDC Act,' which have bolstered investor confidence. The company also experienced a 35% quarter-on-quarter increase in total revenue, reaching $26.6 million, and a 54% rise in operating profit to $16.2 million. Net profit rose by 145% to $67 million. In a related development, Naver Financial is reportedly planning to acquire Dunamu through a stock swap, pending board approval.