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Jamie Redman

Samsung affiliates to buy 4% of Upbit operator Dunamu for $408M, closing June 19, 2026

Samsung Securities, Samsung SDS, and Samsung Card said on May 28, 2026 they will jointly purchase a 4% stake in Dunamu, the operator of South Korea's Upbit exchange, for about 612.8 billion won ($408 million). The all-cash block deal is set to close on June 19, 2026, with Samsung Securities taking 2% and the other two units taking 1% each. The sellers include several Kakao-affiliated entities, and the partners outlined plans spanning tokenized securities, digital-finance software, and potential crypto payments via Monimo.
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