Samsung Securities to Buy 2% Stake in Dunamu for 306.3 Billion Won

Samsung Securities, Samsung SDS, and Samsung Card are jointly acquiring a 4% stake in Dunamu, the parent company of South Korean crypto exchange Upbit, for about 612.8 billion won, with Samsung Securities taking 2% and the other two affiliates 1% each. The purchase supports Samsung’s digital asset strategy, and local media reported on the 28th that the affiliates aim to expand operations tied to won-denominated stablecoins and tokenized securities. Earlier reporting said the stake purchase from Kakao-affiliated funds values Dunamu at about 15.3 trillion won and is scheduled to close on June 19, underscoring rising institutional interest in South Korea’s digital asset market.

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