{"id":33569,"date":"2026-05-28T17:04:10","date_gmt":"2026-05-28T17:04:10","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/33569\/"},"modified":"2026-05-28T17:04:10","modified_gmt":"2026-05-28T17:04:10","slug":"samsung-buys-stake-in-parent-of-korean-crypto-exchange-upbit-ledger-insights","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/33569\/","title":{"rendered":"Samsung buys stake in parent of Korean crypto exchange Upbit &#8211; Ledger Insights"},"content":{"rendered":"<p>Three Samsung group affiliates are investing a combined 612.8 billion won ($408 million) in Dunamu, the operator of Korea\u2019s largest cryptocurrency exchange Upbit. Samsung Securities, Samsung SDS and Samsung Card are acquiring stakes of 2%, 1% and 1% respectively. The shares were purchased from Kakao Investment, the arm of the social media firm which earlier this month sold a larger 6.55% stake to <a href=\"https:\/\/www.ledgerinsights.com\/hana-bank-pays-666m-for-stake-in-largest-korean-crypto-exchange-upbit\/\" rel=\"nofollow noopener\" target=\"_blank\">Hana Bank for just over 1 trillion won<\/a>. The two transactions together represent Kakao\u2019s complete exit from Dunamu, with the deal pricing implying a valuation of roughly 15.3 trillion won ($10.2 billion).<\/p>\n<p>All three Samsung companies cited the expansion of digital assets including <a href=\"https:\/\/www.ledgerinsights.com\/tag\/korea+stablecoin\/\" rel=\"nofollow noopener\" target=\"_blank\">Korean won stablecoins<\/a> as a motivation. But where the Hana deal was focused on stablecoins, cross border payments and blockchain-based remittances, the Samsung investment spans a wider set of ambitions and highlights the different capabilities each affiliate brings.<\/p>\n<p>Samsung Securities plans to collaborate with Dunamu on security token issuance and distribution as well as virtual asset services. Under <a href=\"https:\/\/www.ledgerinsights.com\/korea-enacts-tokenization-legislation-with-mandatory-csd-registration\/\" rel=\"nofollow noopener\" target=\"_blank\">Korean securities law<\/a>, crypto exchanges cannot intermediate tokenized securities, so Dunamu needs a licensed partner. Meanwhile, Samsung SDS, which recently won a contract with the <a href=\"https:\/\/www.ledgerinsights.com\/samsung-sds-wins-tokenization-contract-with-korea-securities-depository\/\" rel=\"nofollow noopener\" target=\"_blank\">Korea Securities Depository to develop a security token<\/a> platform, adds infrastructure depth. The IT services arm plans to combine its technical capabilities with Dunamu\u2019s blockchain expertise to build digital financial infrastructure for Korean institutions.<\/p>\n<p>Article continues \u2026<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"70\" height=\"119\" src=\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/05\/1779987850_464_subscriber-padlock-small.png\" alt=\"subscriber padlock\" class=\"wp-image-39468\" style=\"width:55px\"\/><\/p>\n<p style=\"padding-top:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);font-size:14px\">Want the full story? <a href=\"https:\/\/pro.ledgerinsights.com\/pricing\/\" rel=\"nofollow noopener\" target=\"_blank\">Pro subscribers<\/a> get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.<\/p>\n","protected":false},"excerpt":{"rendered":"Three Samsung group affiliates are investing a combined 612.8 billion won ($408 million) in Dunamu, the operator of&hellip;\n","protected":false},"author":2,"featured_media":33570,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[457],"tags":[12962,12893,21279,1341,5083,12963,31,337,5861,864,12964,127,3810,984,11770,2818],"class_list":["post-33569","post","type-post","status-publish","format-standard","has-post-thumbnail","category-korea-exchange","tag-blockchain-investment","tag-cross-border-payments","tag-cryptocurrency-exchanges","tag-digital-currency","tag-dunamu","tag-keb-hana-bank","tag-korea","tag-korea-exchange","tag-korean-won","tag-krx","tag-remittance","tag-samsung","tag-samsung-sds","tag-samsung-securities","tag-stablecoin","tag-upbit"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/33569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=33569"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/33569\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/33570"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=33569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=33569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=33569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}