Dunamu Completes $667 Million Equity Financing as Hana Financial Buys 6.55% Stake

According to Bloomberg and the provided information, Hana acquired a roughly 1 trillion won stake in Dunamu, becoming its fourth-largest shareholder and deepening the South Korean financial group’s exposure to digital-asset infrastructure.

Fact Check
The claim is strongly supported by multiple independent, authoritative sources published on May 15, 2026. Bloomberg, Korea JoongAng Daily, Yonhap, Chosun Biz, and Odaily all confirm that Hana Financial Group (via Hana Bank) invested 1 trillion won — approximately $667-670 million USD — to acquire a 6.55% stake in Dunamu, the parent company of Upbit. The claim's core elements — the ~$667 million financing amount, the 6.55% stake, Hana Financial/Hana Bank as the investor, Dunamu as the target, and Upbit as Dunamu's crypto exchange — are all consistently verified. The minor variation in dollar amounts across sources ($667M to $725M) reflects different USD/KRW exchange rate assumptions at time of reporting, not a factual discrepancy. The description of this as a 'completed equity financing' and the characterization of Hana Bank as 'a major South Korean lender' are accurate.
Summary

Dunamu, the parent company of South Korean cryptocurrency exchange Upbit, completed an equity financing transaction valued at about $667 million to $670 million, with Hana acquiring a 6.55% stake, according to Bloomberg and the provided information. The reports indicate the buyer as Hana Financial in one account and Hana Bank in another, and state that the purchase makes Hana the fourth-largest shareholder in Dunamu. The deal gives a major South Korean financial institution exposure to digital-asset market infrastructure through equity ownership rather than direct cryptocurrency purchases and is described as part of Hana’s broader push into the digital-assets sector following several crypto-related transactions over the prior two months.

Terms & Concepts
  • Equity financing: A capital-raising method in which a company sells ownership stakes to investors in exchange for funds.
  • Stake: An ownership interest in a company, usually expressed as a percentage of its shares or equity.
  • Digital assets: A broad category of blockchain-based or electronically issued assets, including cryptocurrencies and tokenized financial products.