Acquiring Company
Naver
Acquired Company
Dunamu
South KoreaSouth KoreaFinancial ServicesArtificial IntelligenceFinanceFintechBlockchainCryptocurrencyLendinginformation technology & servicesBlockchainCryptocurrencyDescription
Naver has acquired Dunamu, the operator of Upbit, through a strategic stock swap. This acquisition will enhance their services in digital finance and cryptocurrency. The merger aims to accelerate the development of stablecoin services and strengthen their position in Korea's financial market. Naver and Dunamu plan to launch innovative crypto products while expanding internationally.
Who to call at Naver, and when
When Naver changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Naver raises, hires an executive or expands, scored against what you sell
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Frequently asked
Who acquired Dunamu?
Dunamu was acquired by Naver, based in South Korea. The deal was reported on September 25, 2025. Naver Corp. is a leading South Korean internet company, known for its search engine and various online services. It has expanded into diverse sectors including fintech, with a focus on innovative technologies. Naver is privately held and operates in Financial Services.
When did Naver acquire Dunamu?
Naver's acquisition of Dunamu was reported on September 25, 2025. Naver has acquired Dunamu, the operator of Upbit, through a strategic stock swap. This acquisition will enhance their services in digital finance and cryptocurrency. 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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