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Samsung units to acquire $408 million stake in Upbit operator Dunamu

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The Block Editorial
(09:07 AM UTC)
1 min read
EW
Reviewed byEmily Watson
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Three Samsung affiliates will purchase a 4% stake in Dunamu, the company behind South Korea's largest crypto exchange, Upbit.

According to multiple local news media reports, Samsung Securities, Samsung SDS, and Samsung Card announced Thursday that they will acquire 1.39 million shares in Dunamu for approximately 613 billion Korean won ($407.7 million). 

Samsung Securities will acquire a 2%…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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