Community Articles
via CoinDesk · By CoinDesk Staff
Samsung is buying a $408 million stake in South Korea’s biggest crypto exchange
CS
CoinDesk Staff(10:55 AM UTC)
1 min read
Samsung Securities is set to take a 2% stake in Dunamu, worth over $200 million, from affiliates of technology conglomerate Kakao.
What to know:
- Three Samsung affiliates agreed to buy 4% of Dunamu, the operator of South Korea's largest cryptocurrency exchange, Upbit, from tech conglomerate Kakao.
- The $408 million transaction means Kakao has now offloaded about $1.5 billion…
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleComments
Comments
Other Community Articles