Cryptocurrency28 May 2026SEO 801 min read

Analysis: Samsung units to buy $408 million stake in South Korea’s biggest crypto exchange

Samsung Securities is set to take a 2% stake in Dunamu, worth over $200 million, from affiliates of technology conglomerate Kakao. Three Samsung affiliates agr…

Samsung Securities is set to take a 2% stake in Dunamu, worth over $200 million, from affiliates of technology conglomerate Kakao. Three Samsung affiliates agreed to buy 4% of Dunamu, the operator of South Korea's largest cryptocurrency exchange, Upbit, from tech conglomerate Kakao. The $408 million transaction means Kakao has now offloaded about $1.5 billion worth of equity in Dunamu in less than a month. Samsung, the largest company in South Korea, has been actively involved in the crypt…

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