Korean securities firms race to acquire stakes in crypto exchanges

Naver seals acquisition of Upbit operator Dunamu, creates $13.6 bn fintech powerhouse

Naver has approved a plan to fold Dunamu, the operator of Korea’s top crypto exchange Upbit, into its ranks through a stock-swap deal

South Korean tech giant Naver Corp. has folded Dunamu Inc., the operator of Upbit, the country’s largest cryptocurrency exchange, into its corporate orbit,