Samsung Units To Buy $408M Stake In Upbit Operator Dunamu: Report

Cointelegraph Staff

(12:50 PM UTC)

1 min read

Samsung Securities, Samsung SDS and Samsung Card will acquire a combined 4% stake in Dunamu, the operator of South Korean crypto exchange Upbit, in a deal that expands Samsung affiliates’ exposure to the country’s digital asset market, local media reported.

The three Samsung affiliates held board meetings on Thursday and approved the purchase of 1.39 million Dunamu shares held by Kakao affiliates…

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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