#dunamu

Samsung affiliates acquired 4% Dunamu stake through $408 million investment agreement. Samsung Card plans digital asset payments ahead of South Korea stablecoin regulations. Korean banks increase blockchain partnerships as lawmakers prepare comprehensive crypto regulations. Samsung has expanded its digital asset strategy after three of its affiliates agreed to acquire a combined 4% stake in…

Naver targets IPO path through $10B Dunamu fintech integration strategy Dunamu earnings decline adds pressure to Naver Financial listing timeline Share swap deal signals major shift toward unified fintech parent structure South Korea’s fintech sector is drawing renewed attention as Naver moves to deepen its financial footprint through a high-stakes agreement with Dunamu. The updated filing…

Dunamu revenue declines as crypto trading volumes drop significantly Upbit earnings pressured by reduced activity and lower customer deposits Expansion plans continue despite slowdown in core exchange revenue streams South Korea’s largest crypto exchange operator is navigating a slowdown as trading activity declines across its platform. Dunamu, the parent company of Upbit, reported weaker…

Lazarus Group suspected behind $30 million crypto theft from Upbit. Authorities investigate Solana-based attack method in Upbit’s recent breach. Stolen funds moved to Ethereum, under scrutiny by blockchain analysts. Upbit, South Korea’s largest cryptocurrency exchange, recently became the target of a significant cyberattack, leading to a theft of approximately 44.5 billion won ($30.4 million) in…

SOPA Images/LightRocket via Getty Images South Korean search engine behemoth Naver is acquiring Dunamu in a stock swap that values the country’s largest crypto exchange operator at 15.1 trillion won ($10.3 billion). Naver said in a regulatory filing on Wednesday that its payment arm, Naver Financial, will exchange each of its shares for 2.54 Dunamu shares. The transaction, set to be completed in…

Naver Corp. согласился приобрести Dunamu Inc., оператора крупнейшей криптовалютной биржи Южной Кореи, Upbit, в рамках сделки, оцениваемой примерно в 10,3 млрд долларов, поскольку интернет-гигант стремится укрепить свои позиции на рынке цифровых активов страны.

Согласно условиям сделки, о которой было объявлено 26 ноября в регулирующих органах, финтех-подразделение Naver, Naver Financial Corp., выпустит 2,54 новых акций на каждую акцию Dunamu. Акции Naver выросли на 7,7% на торгах после закрытия рынка в 26.11.2025 г..

Naver Financial, the fintech arm of South Korean tech conglomerate Naver, announced plans to acquire Upbit operator Dunamu in a stock-swap deal valued at about 15.1 trillion won ($10.3 billion). According to a Wednesday filing, Naver Financial will issue 87.56 million new shares to Dunamu shareholders. The transaction will make Dunamu a wholly owned subsidiary of Naver Financial. The exchange…