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Samsung Units Buy 4% Stake in Dunamu, Upbit’s Parent

The purchase positions Samsung’s finance and tech affiliates to build token, payments and blockchain services as Korea finalizes new digital-asset rules.

Overview

  • The three Samsung affiliates approved the purchase on May 28 and will buy 1.39 million Dunamu shares from Kakao-linked funds for 612.8 billion won with the transfers set to close on June 19.
  • Samsung Securities will take a 2 percent stake while Samsung SDS and Samsung Card will each take 1 percent, and each affiliate described distinct plans for tokenized securities, blockchain infrastructure and payments.
  • The sellers include Kakao Investment, Kakao Ventures and related funds, which will fully exit their remaining Dunamu holdings through this block sale.
  • The deal follows other May purchases by Hana Bank and Hanwha that together moved roughly 14 percent of Dunamu shares into major financial and corporate groups, reshaping the company’s ownership.
  • Regulators are reviewing how bank–commerce limits and the pending Digital Asset Basic Act apply to these holdings, and the wave of buys could affect competition, stablecoin payments and Dunamu’s separate merger talks with Naver Financial.