CryptocurrencyCointelegraphThu, May 28, 2026, 12:50 PMPositive

Samsung units take $408M stake in Upbit operator Dunamu: Report

Samsung Securities, SDS, and Card are set to acquire a 4% stake in Dunamu, the operator of the Upbit cryptocurrency exchange, for $408 million. This investment comes as South Korean firms are gearing up for advancements in tokenized securities and stablecoin frameworks.

WPN Brief

  • What Happened

    Samsung Securities, SDS, and Card are set to acquire a 4% stake in Dunamu, the operator of the Upbit cryptocurrency exchange, for $408 million. This investment comes as South Korean firms are gearing up for advancements in tokenized securities and stablecoin frameworks.

  • Why It Matters

    This development signifies a strategic move by Samsung's subsidiaries to strengthen their presence in the cryptocurrency market, potentially enhancing their capabilities in digital asset management and positioning them favorably in the evolving financial landscape.

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