Hana Financial and Dunamu expand tie-up to won stablecoins and tokenized assets

The partners are broadening cooperation from deposit-withdrawal account services toward deeper capital and technology integration, including unified account management, remittances and settlement.

Summary

Hana Financial Group and Dunamu are widening their partnership beyond existing banking links into a broader digital-finance buildout spanning won-denominated stablecoins, security tokens and real-world asset tokenization. Odaily reported the groups are moving past KRW deposit-withdrawal account services toward deeper capital and technology integration, with plans to design a digital-finance architecture that would connect bank deposits, securities and virtual-asset accounts. The expansion adds detail to an already growing alliance that followed Hana Bank’s May decision to buy about 1 trillion won ($720 million) of Dunamu shares, giving the bank a 6.6% holding in the Upbit operator. The companies have also been reviewing integrated financial services that would let users manage assets across banks, brokerages and crypto platforms in a single portfolio. The latest cooperation plans also include expanding remittance and settlement services, alongside earlier discussions covering Hana Financial’s anti-money laundering systems, internal controls, foreign-exchange capabilities and global payments network with Dunamu’s blockchain technology and digital-asset user base. The tie-up points to a longer-term push to merge conventional finance infrastructure with tokenized-asset and blockchain-based services in South Korea.

Terms & Concepts
  • won-denominated stablecoins: Digital tokens designed to maintain a fixed value against the South Korean won.
  • security tokens: Blockchain-based tokens that represent regulated investment assets or securities.
  • real-world asset tokenization: The process of converting traditional assets into digital tokens on a blockchain.