《NDV's Take: Why is the $10.3 Billion Investment in Upbit a Steal?》 (Author: Lin Wanwan) The market's panic was quickly digested because, based on Upbit's quarterly net profit of about $200 million, it would only take Upbit two weeks to recover the stolen amount. Currently, the merger between Upbit's parent company Dunamu and Naver Financial could be the largest merger in crypto history. If things go smoothly, the ideal scenario would be filing for an IPO in the second half of 2026. Coinbase operates in the U.S. and bears high labor and compliance costs to compete globally with Robinhood, Binance, and Kraken, yet it is still burning cash to stay in the game. Meanwhile, Upbit's operating costs are only one-tenth of Coinbase's. Read the full article: http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=47&id=52674