At the 2025 Upbit Developers Conference in Seoul, Dunamu unveiled GIWA, a new Layer-2 blockchain built on the Optimism OP Stack. This launch signifies a crucial step in expanding blockchain infrastructure.
Expanding Blockchain Horizons
Oh Kyung-seok, CEO of Dunamu, emphasized GIWA's focus on enterprise solutions. This initiative confirms the company's strategic direction toward expanding digital asset infrastructure and DeFi markets by providing cross-chain asset support.
Leveraging Ethereum's Security
The introduction of GIWA aims to impact the financial sector by providing robust infrastructure for Web3 technologies. The focus is on enterprise-grade solutions that meet the evolving industry needs. The blockchain leverages Ethereum's security and supports EVM-based ecosystems. Dunamu intends to attract multi-chain developers and users to integrate GIWA into existing blockchain environments for broader ecosystem interaction.
Competition and Implications
Dunamu's strategy places GIWA in direct competition with networks like Base and Arbitrum. The anticipated compatibility is expected to influence liquidity and activity across supported chains. The potential implications for DeFi and regulatory landscapes are substantial. Oh Kyung-seok stated, "GIWA will serve the financial sector," confirming the platform’s enterprise focus.
The launch of GIWA represents a step forward in the blockchain ecosystem, offering new opportunities for interaction in the financial sector and paving the way for new solutions in Web3 and DeFi.
