Dunamu Partners with Optimism Foundation to Build GIWA Chain

Dunamu, the company behind South Korea's dominant crypto exchange Upbit, has joined forces with the Optimism Foundation to develop its GIWA Chain using the OP Stack and OP Enterprise framework.

The GIWA Chain is an Ethereum layer 2 blockchain aimed at enhancing usability and accessibility in web3. With one-second block times and EVM compatibility, it offers fast performance while supporting existing Ethereum-based development.

As part of this partnership, Dunamu will become the first Self-Managed enterprise on OP Enterprise, a framework designed for operators seeking full control over their blockchain environment. Upbit will maintain primary sequencer and core network decisions, with Optimism providing institutional-grade support.