South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Australian Household Spending Dips in December as RBA Tightens Policy 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Dunamu, one of South Korea’s leading fintech companies and operator Upbit crypto exchange, revealed it would be investing about ₩500 billion or $380 million in the next five years and generate 10,000 new jobs for the locals.
Dunamu said on Tuesday this week that it is planning to support 500 up-and-coming startup firms and create new jobs to run startup counseling programs. According to The Korea Herald, these counseling programs have something called the “UP Start Incubator” that will help individuals working with Web 3.0, the third generation of the evolution of decentralized online systems based on blockchain technology.
The UP Start Platform will provide the connection points between Dunamu, the investors and startups. The company will also open some consultation offices to serve as a channel of communication between Dunamu and users of Upbit in major cities in South Korea such as Gwangju, Busan, Daejeon, and Daegu.
Korea Joongang Daily reported that through the centers, local customers would be able to easily consult with staff about their crypto investments. For these offices alone, a thousand new jobs are expected to be created. The company will also be hiring at least 1,000 new developers in the coming years.
Dunamu’s chief executive officer, Lee Sirgoo, said in a statement that “Dunamu will contribute to strengthening national industrial competitiveness by actively investing in new future growth industries such as blockchain and creating jobs.”
It was reported that Dunamu would prioritize the recruitment of fresh graduates from local universities, and they will also get a chance to be trained by the company in information technology (IT) works. The company is aiming to create the remaining 8,000 new jobs through the development of the 500 startups.
A number of these startups may also have the opportunity to expand outside of South Korea via the linked services of Dunamu subsidiaries located overseas. All of these efforts are part of the company’s aim of raising Korea’s competitiveness in the Web 3.0 business.
Finally, Dunamu was established in 2012 and has invested KRW88 billion in the blockchain and fintech startup fields since 2018. The company’s CEO reiterated that it would try to continuously create jobs for the younger generation. “We plan to strengthen the competitiveness of domestic industry through an active investment and creation of jobs of the newly growing future industries, like blockchain, NFT and metaverse,” chief Lee added.
