Acquiring Company
Naver
Acquired Company
Dunamu
South KoreaSouth KoreaFinancial ServicesFinanceFintechLendingBlockchainCryptocurrencyDescription
Naver has acquired Dunamu, the operator of the Upbit cryptocurrency exchange, through a stock-swap deal. This acquisition creates a substantial fintech powerhouse valued at $13.6 billion. The move aims to strengthen Naver's position in the rapidly growing digital asset market.
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Based on deal dataFrequently asked
Who acquired Dunamu?
Dunamu was acquired by Naver, based in South Korea. The deal was reported on August 21, 2026. Naver Corp. is a South Korean tech giant known for its internet services including search, advertising, and messaging. The company operates various platforms and has invested in multiple technology ventures. Naver is privately held and operates in Financial Services.
When did Naver acquire Dunamu?
Naver's acquisition of Dunamu was reported on August 21, 2026. Naver has acquired Dunamu, the operator of the Upbit cryptocurrency exchange, through a stock-swap deal. This acquisition creates a substantial fintech powerhouse valued at $13.6 billion. 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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