On June 15, the banking giant will acquire 2.3 million shares of Dunamu (6.6%), becoming the fourth-largest shareholder of the company. The deal will be one of the largest investments in a local digital assets company. Meanwhile, Dunamu continues to negotiate an acquisition with Naver Financial. After the deal is completed, Upbit's corporate structure may be consolidated within one of the country's largest tech groups. OKX and Korea Investment & Securities are also considering acquiring 20% stakes in Coinone. Upbit is the largest Korean cryptocurrency exchange, while Coinone ranks fourth.
News Institutional
Hana Bank is purchasing a stake in the parent company of the Korean cryptocurrency exchange Upbit for $670 million.
On June 15, the banking giant will acquire 2.3 million shares of Dunamu (6.6%), becoming the fourth-largest shareholder of the company. The deal will be one of the largest investments in a local digit...