South Korean tech giant Naver is on track to finalize its ambitious plan to acquire Dunamu, the operator of Upbit, Korea’s largest cryptocurrency exchange. This potential acquisition could become a landmark event in South Korea’s digital finance sector. 🧠 According to The Korea Times, Naver will formally announce its intention to purchase Dunamu at its upcoming board meeting next week. Dunamu is also expected to hold its own board meeting on November 26th to finalize the details of the deal. 💪 Naver plans to use its financial technology arm, Naver Financial, for the acquisition through a full equity swap, transforming Dunamu into a wholly-owned subsidiary and significantly expanding Naver’s presence in digital finance.