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Naver acquires Upbit for $10. 3b, forging a Korean crypto giant At the quiet office meeting that changed everything, South Korean internet giant Naver agreed to acquire Dunamu Inc , the operator of the country’s largest cryptocurrency exchange, Upbit, in an all-stock deal valued at approximately $10 3 billion This landmark transaction, announced on November 26, 2025, marks South Korea’s biggest fintech consolidation and represents a strategic
Naver to Buy Top Korea Crypto Exchange in $10. 3 Billion Deal Naver Corp agreed to acquire Dunamu Inc , operator of South Korea’s biggest crypto exchange Upbit, in an all-stock deal valued at around $10 3 billion, as the internet giant seeks to cement its
Naver to Acquire South Korea’s Top Crypto Exchange Upbit Key Highlights Naver Corp agreed to acquire Dunamu Inc , the operator of Upbit, in an all-stock deal valued at $10 3 billion Upbit controls over 80% of South Korea’s crypto market, with 18M active users and high daily trading volumes Naver Financial may issue its own won-backed stablecoin in the future, pending regulatory approval
Naver Financial officially confirms merger with Upbit crypto . . . Quick Take South Korea’s Naver Financial officially confirmed its stock-swap transaction merger with Dunamu, the company behind Upbit crypto exchange Dunamu is set to become a wholly-owned subsidiary of Naver, as the South Korean IT giant seeks future growth momentum based on digital finance
Naver acquires South Korea’s largest crypto exchange Upbit in . . . Naver is about to make the biggest crypto move in South Korea’s history, and it’s doing it with an audacious, all-stock play that could rewrite the country’s fintech future overnight According to Bloomberg, South Korea’s internet giant has agreed to acquire Dunamu, the parent company of Upbit, in a transaction valued at roughly $10 3 billion,
Naver Financial Acquires Upbit Operator Dunamu in 20T Deal Naver Financial Corp , the fintech arm of South Korea’s internet giant Naver Corp , has announced a major corporate move to acquire Dunamu Inc , the operator of the country’s largest cryptocurrency exchange, Upbit The deal, structured as a comprehensive share-swap, positions Naver Financial as