Hana Financial’s 1 Trillion Won Dunamu Deal Targets Won Stablecoin Alliance

Hana Financial Group is set to become a key shareholder in Dunamu, the operator of Upbit, South Korea’s largest cryptocurrency exchange, through Hana Bank. The group is reportedly moving to acquire a 6.55% stake in Dunamu held by Kakao Investment in a deal worth about 1 trillion won. The investment is positioned as a step toward broad cooperation in digital finance, including won-denominated stablecoins and STOs. Dunamu operates Upbit, a leading domestic virtual asset platform, while Hana Financial brings banking channels and financial infrastructure. The partnership is expected to draw attention for its potential strategic links in won-based digital assets and token securities. Source: mk.co.kr