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

Three Samsung affiliates will jointly acquire a 4% stake in Dunamu for 612.8 billion won, with local media saying the deal is aimed at expanding digital asset operations including won-based stablecoins and tokenized securities.

56d ago

Fact Check

The Maeil Business Newspaper (MK) directly confirms Samsung Securities acquired 2.0% of Dunamu (697,487 shares) for ~306.3 billion won, matching the claim exactly. The Block independently confirms the 2% stake by Samsung Securities within a broader 4% Samsung Group acquisition. Multiple aggregators also report the 15.3 trillion won valuation implied by the per-share price. The regulatory context about Korea easing finance/virtual asset separation rules is consistent with The Block's reporting on the Digital Asset Basic Act.

Summary

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.

Terms & Concepts

won-denominated stablecoins: Stablecoins designed to maintain a fixed value against the South Korean won, allowing digital asset transactions with reduced price volatility.
tokenized securities: Securities issued or represented in digital form on blockchain-based systems, enabling traditional assets to be traded through token structures.
Upbit: A major South Korean cryptocurrency exchange operated by Dunamu that provides digital asset trading services in South Korea.