Upbit Acquisition Underway? Naver Steps Up
Yahoo Finance·2025-09-25 22:45
South Korea’s fintech and tech giant Naver is reportedly preparing to acquire Dunamu, the operator of Upbit, the fourth-largest crypto exchange by volume. The deal, expected to be executed via a stock swap, would bring Upbit under the umbrella of Naver Financial, expanding the group’s influence from internet services to crypto. Strategic Expansion into Crypto and Stablecoins Naver, often called South Korea’s Google, has built a vast ecosystem spanning search, e-commerce, digital payments, and global con ...