As reported by 36 Crypto, Naver Financial has confirmed a merger with Dunamu, the operator of South Korea's largest cryptocurrency exchange Upbit. The deal, valued at approximately $10.28 billion, will be executed through a stock-swap transaction and is set to take effect on June 30, 2026. The merger aims to strengthen both companies' positions in the rapidly expanding digital asset market and enhance strategic cooperation and functional synergies.
Naver Financial Merges with Dunamu in $10.28 Billion Deal to Boost South Korea's Digital Asset Market
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