South Korean internet titan Naver, with 40 million monthly active users, is poised to snap up Dunamu, the operator of crypto exchange platform Upbit, in a move that could redraw the map of the country’s financial landscape. Local news reports on Thursday say Naver will incorporate Dunamu into its business group as a fully owned subsidiary through a comprehensive stock swap. Naver Financial, the company’s fintech arm, will execute the stock swap by issuing shares to acquire Dunamu in full. The stock-only ...

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 ...

据韩国联合通讯社和朝鲜日报周四援引行业消息人士报道，Naver金融将通过股票交换方式将Dunamu纳 为子公司，相关董事会会议将很快召开以批准这一股权置换交易。Naver被誉为"韩国谷歌"，是该国顶 级搜索引擎公司，Dunamu被称为"韩国币安"。 收购完成后，Naver金融计划推出韩元支持的稳定币项目和其他数字金融举措，作为积极探索海外扩张 的重要步骤。消息传出后，Naver股价周四大涨超11.4%，至每股25.4万韩元。 据媒体周四报道，韩国互联网巨头Naver正推进收购该国最大加密货币交易所Upbit的运营商Dunamu， 这一并购将把韩国最强的Web2和Web3力量结合，为其稳定币项目和数字金融业务全球扩张奠定基础。 产或法定货币的便捷兑换。 Naver Pay若搭载Dunamu开发的区块链钱包"Giwallet"，未来有望整合稳定币、代币化存款、代币化股票 等所有金融资产。结合Naver的人工智能技术，该平台可实现从资产管理到投资的全方位服务。 这一合并将创造韩国数字经济领域的超级平台，结合Naver在搜索、支付等互联网服务的主导地位与 Upbit在加密货币交易的市场份额，为韩国金融科技行业的全球化 ...

South Korean internet giant Naver Corporation is in talks with crypto exchange Upbit operator Dunamu over a possible share swap that could bring the country’s largest exchange under the Naver group. Naver shares rose as much as 11.4% on Thursday, per Google Finance data, after local outlet Chosun reported the companies had agreed to a comprehensive stock swap. The report described a deal that would make Dunamu a subsidiary of Naver Financial, the group’s fintech arm, giving the tech giant direct control ...

Naver’s potential acquisition of Dunamu comes as cryptocurrency has made a comeback from a series of corporate collapses in 2022.SeongJoon Cho/BloombergNaver saw its shares surge 11.4% on Thursday following a filing from the South Korean internet giant that it’s in talks for a share swap with Dunamu, the operator of Upbit, the country’s largest crypto exchange.In the filing, Naver said its payment arm Naver Financial is in talks with Dunamu about a stock swap deal, as well as collaborations on stablecoins a ...

Photo by BeInCrypto South Korea's local media reports that Dunamu, the operator of the Upbit cryptocurrency exchange, and Naver's subsidiary are to be consolidated into a single business group. A new super app is expected to emerge. According to the Dong-a Ilbo report, Naver Financial, whose largest shareholder is Naver Group, Korea's largest portal site, and Dunamu are pursuing a comprehensive stock swap. Naver confirmed that such a discussion is ongoing in its official disclosure. If the deal is comple ...