Samsung Securities Acquires 2% Stake in Upbit Parent Dunamu
Samsung Securities will invest nearly $204 million to acquire a 2% stake in Upbit parent company Dunamu.Upbit currently controls over 80% of South Koreas crypto exchange market and reportedly serves more than 10 million users.The deal comes as South Korea expands crypto regulation and opens the door for greater institutional participation in digital assets. Upbit:- In a major crypto acquisition update, Samsung Securities has announced plans to acquire a 2% stake in Dunamu. Dunamu is the parent company of South Koreas largest cryptocurrency exchange Upbit. According to local reports and company disclosures, Samsung Securities approved the investment through a board resolution. It will invest approximately 306.3 billion won (around $204 million) to purchase nearly 697,000 shares in Dunamu. The transaction values Dunamu at approximately 15.3 trillion won, or roughly $10.2 billion. The deal becomes all the more significant as Upbit reportedly serves more than 10 million registered users. This make it South Koreas largest cryptocurrency exchange. Samsung Securities Acquire Upbit The stake acquisition is part of a broader investment involving multiple Samsung affiliates. Samsung SDS and Samsung Card are also expected to acquire stakes in Dunamu, taking the combined investment by Samsung-linked entities to nearly 612.8 billion won. Thats around $408 million. Interestingly, Dunamu is currently








