Naver and Dunamu to Invest $6.8 Billion in AI-Blockchain Infrastructure Over Five Years
South Korean technology company Naver and digital asset operator Dunamu announced a five-year investment of 10 trillion Korean won ($6.8 billion) to develop financial infrastructure integrating artificial intelligence and blockchain technologies. The investment follows Naver Financial's acquisition of Dunamu, parent company of South Korea's largest cryptocurrency exchange Upbit, through a share-swap arrangement. The partnership aims to establish a comprehensive system spanning payments, settlements, and broader financial services.