{"id":73211,"date":"2026-05-28T16:22:54","date_gmt":"2026-05-28T16:22:54","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/samsung-affiliates-pay-408-million-for-upbit-operator-stake-closing-june-2026-bitcoin-news\/"},"modified":"2026-05-28T16:22:54","modified_gmt":"2026-05-28T16:22:54","slug":"samsung-affiliates-pay-408-million-for-upbit-operator-stake-closing-june-2026-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/samsung-affiliates-pay-408-million-for-upbit-operator-stake-closing-june-2026-bitcoin-news\/","title":{"rendered":"Samsung Affiliates Pay $408 Million for Upbit Operator Stake, Closing June 2026 \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Regional news outlets report that Samsung affiliates will acquire a 4% Dunamu stake for 612.8 billion won ($408M), closing June 19, 2026.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The deal gives Upbit, South Korea\u2019s largest crypto exchange by volume, direct ties to major finance firms.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Samsung Securities targets tokenized securities while Samsung Card eyes crypto payments via Monimo.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Samsung Units to Acquire 4% <span>Stake<\/span> in Upbit Operator Dunamu<\/h2>\n<p>Samsung Securities, Samsung SDS, and Samsung Card announced the deal on May 28, 2026, according to the <a href=\"https:\/\/www.koreaherald.com\/article\/10757889\" target=\"_blank\" rel=\"noopener noreferrer\">Korea Herald<\/a> and several other local outlets. The three units will collectively purchase roughly 1.39 million shares from Kakao-affiliated sellers, including Kakao Investment, Kakao Ventures, Kakao Youth Entrepreneurship Fund, and the KIF-Kakao Woori Bank Technology Finance Investment Fund.<\/p>\n<p>The transaction is structured as an all-cash block sale and is scheduled to close on June 19, 2026. Samsung Securities will take a 2% <span>stake<\/span>, acquiring approximately 697,487 shares for about 306.3 billion won. Samsung SDS and Samsung Card will each take a 1% <span>stake<\/span>. The per-share price sits at approximately 439,250 to 441,000 won, placing Dunamu\u2019s implied valuation at roughly 15.3 trillion won, or about $11.1 billion.<\/p>\n<p>The sale is part of Kakao\u2019s broader effort to reduce its holdings in Dunamu. Each of the three buyers has outlined distinct goals for the partnership. Samsung Securities, the brokerage unit, plans to collaborate with Dunamu on tokenized securities issuance, distribution, and virtual asset services.<\/p>\n<p>Korea Herald reporter Choi Yeon-jae detailed that Samsung SDS, the conglomerate\u2019s information technology and services division, plans to fuse its strengths in AI, cloud computing, cybersecurity, and data management with Dunamu\u2019s <span>blockchain<\/span> infrastructure to expand the digital finance software sector.<\/p>\n<p>The report explains that Samsung Card, the company\u2019s payments arm, has set its sights on <span>crypto<\/span> payment networks, including the possibility of integrating such services into its Monimo platform should won-denominated <span>stablecoins<\/span> gain traction under South Korea\u2019s evolving regulatory framework.<\/p>\n<p>Choi Yeon-jae further cited a Samsung official who stated that the investment is designed to sharpen the firm\u2019s competitive standing in digital finance while establishing a foothold in a market steadily gravitating toward blockchain-oriented financial products. Moreover, Dunamu told the Korea Herald that it welcomed the alliance as an opportunity to advance <span>blockchain<\/span> payments, distribution systems, and artificial intelligence (AI) ideas.<\/p>\n<p>Upbit consistently captures between 70% and 80% of South Korea\u2019s domestic <span>cryptocurrency<\/span> <span>trading volume<\/span>, which places it among the top exchanges globally by <span>volume<\/span>. As of today, Upbit recorded roughly $1.21 billion in 24-hour <span>trading volume<\/span>, placing it as the world\u2019s third-largest <span>crypto<\/span> exchange by <span>volume<\/span> behind Binance and Coinbase, respectively.<\/p>\n<p>Dunamu founded the platform in October 2017 and launched it with an early partnership with U.S.-based Bittrex. The company was founded in 2012 and has grown to include <span>blockchain<\/span> research unit Lambda256, developer platform Nodit, and additional investment and services subsidiaries. In fiscal 2025, Dunamu posted net profit of 708.8 billion won on revenue of 1.56 trillion won.<\/p>\n<p>The Samsung affiliates\u2019 purchase caps a busy month for institutional investment in Dunamu. Earlier in May 2026, Hana Bank, part of Hana Financial Group, <a href=\"https:\/\/news.bitcoin.com\/hana-bank-buys-6-55-of-upbit-parent-dunamu-in-670m-crypto-push\/\">acquired<\/a> a 6.55% <span>stake<\/span> for approximately 1 trillion won, or $670 million. Hanwha Investment and Securities also purchased a significant <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-staking\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stake<\/a>, reported at approximately 9.84%.<\/p>\n<p>Together, these deals have shifted close to 14% of Dunamu\u2019s shares toward major Korean financial institutions and reduced Kakao\u2019s influence over the company.<\/p>\n<h2>TradFi and Digital Assets Continue to Converge in South Korea<\/h2>\n<p>South Korea\u2019s regulatory direction is a key driver behind the activity. Policymakers are advancing frameworks that would allow won-based <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoins<\/a> and expand the role of tokenized assets in domestic payments and finance. Traditional financial firms are moving early to build positions ahead of those changes taking effect.<\/p>\n<p>The interest in Dunamu reflects a broader pattern across Asia, where established banks, brokerages, and payment companies are acquiring direct stakes in regulated <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> exchanges rather than building competing infrastructure from scratch. For South Korea, the convergence of traditional finance (TradFi) and digital assets is moving faster than in many comparable markets, with licensed exchanges like Upbit at the center of that shift.<\/p>\n<p>Dunamu had been in discussions with multiple potential strategic partners in the months prior. The Samsung affiliates\u2019 entry, combined with the earlier moves by Hana Bank and Hanwha, signals that major Korean financial groups view ownership in the country\u2019s leading <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> exchange as a core position in digital finance, not a speculative bet.<\/p>\n<p>The transaction closing date of June 19 gives both sides roughly three weeks to finalize the transfer.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/samsung-affiliates-pay-408-million-for-upbit-operator-stake-closing-june-2026\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Regional news outlets report that Samsung affiliates will acquire a 4% Dunamu stake for 612.8 billion won ($408M), closing June 19, 2026. The deal gives Upbit, South Korea\u2019s largest crypto exchange by volume, direct ties to major finance firms. Samsung Securities targets tokenized securities while Samsung [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":73212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73211"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73211"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73211\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73212"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}