Hana Bank Bets $670M on Dunamu to Shake Korea Crypto Market

Hana Bank invests $670M in Dunamu, Upbit’s operator, aiming to launch stablecoins and blockchain remittances, disrupting Korea’s finance sector.

Key takeaways

• Hana Bank Makes $670 Million Bet on Upbit Operator Dunamu
• South Korea’s Hana Bank is set to buy a $670 million stake in Dunamu, the company behind the country’s largest crypto exchange, Upbit. The deal, confirmed by both part...
• The acquisition signals a rare alliance between legacy finance and the country’s dominant crypto player. Dunamu’s Upbit exchange commands the highest daily trading vol...
• Hana Bank Targets Blockchain Remittances and Stablecoin Launch

👉 Read the full breakdown on MLXIO

Canonical source: https://mlxio.com/finance/hana-bank-670m-dunamu-crypto-stake