Acquiring Company
Naver Financial
Acquired Company
Dunamu
South KoreaSouth KoreaFinancial ServicesFinanceFintechLendingBlockchainCryptocurrencyDescription
Naver Financial is set to acquire Dunamu through a comprehensive share swap, valued at approximately 20 trillion won. The deal features a share-swap ratio of 1 to 2.54, making Dunamu fully owned by Naver Financial. Dunamu's Chairman will hold a significant share of 19.5% post-acquisition, while Naver will retain 17%. The agreement involves a commitment of 10 trillion won towards AI and blockchain technology development over five years.
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Based on deal dataFrequently asked
Who acquired Dunamu?
Dunamu was acquired by Naver Financial, based in South Korea. The deal was reported on September 16, 2026. Naver Financial is a subsidiary of Naver Corporation, focusing on digital finance solutions in South Korea. It aims to enhance payment, investing, and cryptocurrency services. Naver Financial is privately held and operates in Financial Services.
When did Naver Financial acquire Dunamu?
Naver Financial's acquisition of Dunamu was reported on September 16, 2026. Naver Financial is set to acquire Dunamu through a comprehensive share swap, valued at approximately 20 trillion won. The deal features a share-swap ratio of 1 to 2.54, making Dunamu fully owned by Naver Financial. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Dunamu do?
Dunamu is the operator of Upbit, South Korea’s largest cryptocurrency exchange. Founded in 2012, Dunamu has transformed into a dominant exchange operator in the crypto market. It is privately held, operating in Blockchain, and is based in South Korea.
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