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Naver Financial expected to gain control of Upbit through share-swap deal

Key Takeaways Naver Financial, the fintech arm of Naver, is expected to acquire full control of Dunamu, the operator of South Korea’s prominent Upbit cryptocurrency exchange, via a share-swap deal. The acquisition would make Dunamu a wholly owned subsidiary of Naver Financial, positioning Naver as the direct owner of Upbit. Share this article Naver Financial, … Read more

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