A major shakeup in the cryptocurrency venture capital (VC) landscape occurred in November 2025, fueled by Naver’s record-breaking acquisition of Dunamu for $10.3 billion. This deal dramatically boosted […]
Dunamu Founders Agree to Sell Company to Naver’s Fintech Venture
South Korea’s Dunamu Inc., the largest cryptocurrency exchange, has announced a sale to Naver Corp.’s fintech division. Founders Song Chi-hyung and Kim Hyoung-nyon have agreed to the all-stock […]
Naver Acquires Dunamu Inc., Transforming Korean Cryptocurrency Landscape
Naver Financial’s recent acquisition of Dunamu Inc., the South Korean firm behind the dominant cryptocurrency exchange Upbit, has sent ripples through the financial sector. This strategic move marks […]
Naver Acquires Upbit, Revolutionizing Digital Finance in South Korea
Naver Financial Corp has acquired Dunamu Inc., the company behind South Korea’s leading cryptocurrency exchange, Upbit. This acquisition represents Naver’s significant step into the digital asset market and […]
Naver & Dunamu Invest $7.25 Billion in AI & Web3, Shaping Asian Tech’s Future
A historic $7.25 billion investment from Naver and Dunamu is set to transform South Korea’s technology landscape. This ambitious move positions the nation as a major force in […]
Naver Acquires Dunamu for $10.3 Billion, Entering Digital Assets Market
South Korean tech giant Naver has acquired Dunamu, the operator of Upbit, South Korea’s largest cryptocurrency exchange, in a landmark deal worth $10.3 billion. This all-stock acquisition positions […]
Naver Acquires Upbit Operator Dunamu in $10.3 Billion All-Stock Deal
South Korean tech giant Naver is reportedly set to acquire Dunamu, the operator of major cryptocurrency exchange Upbit, for a staggering $10.3 billion in an all-stock deal. While […]
Naver Acquires Upbit’s Parent for $10.3 Billion: A New Fintech Powerhouse Emerges
South Korean internet giant Naver has announced a strategic acquisition of Dunamu Inc., the parent company of Upbit, South Korea’s largest cryptocurrency exchange, in a landmark all-stock deal […]
Naver and Dunamu Merge to Dominate South Korea’s Fintech Landscape
Naver Financial, the fintech arm of South Korea’s tech giant Naver, will merge with Dunamu, the operator of Upbit, the nation’s leading cryptocurrency exchange. This stock-swap transaction, valued […]
Naver Acquires Upbit Operator Dunamu in $10.3 Billion Stock Deal
South Korean tech giant Naver has announced plans to acquire Dunamu, the operator of cryptocurrency exchange Upbit, in a stock-for-stock transaction valued at approximately 15.1 trillion won ($10.3 […]
NAVER Acquires Dunamu, Creating a Fintech Powerhouse in South Korea
South Korean technology giant NAVER has made a strategic move by acquiring Dunamu, the operator of Upbit, the country’s largest cryptocurrency exchange. This share swap deal will give […]
Upbit Moves Closer to Nasdaq Listing Amid Naver Merger and Shifting Korean Crypto Landscape
Upbit is making significant strides toward a potential listing on the Nasdaq as its merger with Naver progresses. This move follows Dunamu’s impressive financial performance, with profits soaring […]
Naver Expands AI Presence in Saudi Arabia
Korean tech giant Naver is expanding its AI footprint in Saudi Arabia, investing heavily to build a sovereign AI framework that preserves local culture and identity. Led by […]
Naver to Acquire Dunamu, Aiming for KRW Stablecoin Launch
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 […]
Naver and Dunamu: Navigating Speculation in Potential Partnership
South Korean tech giants, Naver and Dunamu, are at the center of attention as rumors swirl about a potential merger. While the future remains uncertain, recent clarification from […]