Hana Bank Acquires ₩1T Stake in Upbit Owner Dunamu

South Korea's Hana Bank has acquired a significant ₩1 trillion (approximately $725 million USD) stake in Dunamu, the parent company of the Upbit crypto exchange. This investment grants Hana Bank a 6.55% ownership, making it the fourth-largest shareholder in Dunamu. The move represents a notable entry by a traditional banking institution into the digital asset sector in South Korea.

Detected & updated continuously · Source: Nebula

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Dunamu (Dunamu)@upbitglobal