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Hana Bank to buy 6.55% stake in Upbit operator Dunamu for $672.5M

Hana Bank agrees to acquire a 6.55% stake in Dunamu, operator of South Korea's largest crypto exchange Upbit, for $672.5 million from Kakao.

May 16 · · primary fetch1 sourceupdated May 16 ·

Kwanwoo Jun / Wall Street Journal: South Korea's Hana Bank agrees to acquire a 6.55% stake in Dunamu, which runs South Korea's largest crypto exchange Upbit, for $672.5M from Kakao — The deal would make Hana Bank the fourth largest shareholder in Dunamu — Hana Bank will buy a roughly $670 million stake …

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  1. techmeme.comSouth Korea's Hana Bank agrees to acquire a 6.55% stake in Dunamu, which runs South Korea's largest crypto exchange Upbit, for $672.5M from Kakao (Kwanwoo Jun/Wall Street Journal)primary