POPA ReconSamsung Acquires 4% Stake in Upbit Operator Dunamu
Samsung Acquires 4% Stake in Upbit Operator Dunamu Samsung Securities, Samsung SDS, and Samsung Card have jointly agreed to acquire a combined 4% stake in Dunamu for 612.8 billion won ($408 million), purchasing 1.39M shares from Kakao affiliates in an all-cash deal set to close June 19. The Samsung investment follows Hana Bank's announcement earlier this month that it would acquire a 6.55% stake in Dunamu for $670M, making it the fourth-largest shareholder. Samsung Securities plans to cooperate with Dunamu on tokenized securities issuance and distribution, while Samsung SDS combining its A…
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