Hana Bank acquires $670 million stake in Upbit parent Dunamu
The Block·
60-second summary
Hana Bank is acquiring a $670 million stake in Dunamu, parent company of Upbit, by purchasing 2.28 million shares. This deal will give Hana Bank a 6.55% stake in Dunamu, making it the fourth-largest shareholder. The acquisition reinforces Hana Bank's presence in the Korean fintech market, as it seeks to expand its digital assets and services offerings.
The acquisition of 2.28 million shares will give Hana Bank a 6.55% stake in Dunamu, making it the fourth-largest shareholder.