According to Bloomberg, the South Korean lender acquired a 1 trillion won stake in Dunamu, the company behind Upbit (crypto exchange).
Hana Bank (South Korean commercial bank), one of South Korea’s largest lenders, has acquired a 1 trillion won stake, worth about $670 million, in Dunamu, the operator of Upbit (crypto exchange). The deal, reported by Bloomberg, highlights continued institutional interest in a major crypto-market infrastructure company in South Korea.