Samsung Securities, Samsung SDS, and Samsung Card acquired a combined 4% stake in Dunamu, the operator of cryptocurrency exchange Upbit, in a transaction valued at approximately $408 million. The investment signals growing institutional interest in digital asset infrastructure and blockchain-related financial services across Asia.
Dunamu operates Upbit, one of South Korea’s largest cryptocurrency exchanges by trading volume, and has expanded into fintech, digital payments, and blockchain investment services. Analysts said Samsung’s involvement could strengthen Dunamu’s position as traditional financial and technology firms increase exposure to regulated crypto market infrastructure.
The deal comes as institutional participation in digital assets continues rising globally amid expanding adoption of tokenized finance, stablecoins, and blockchain-based payment systems.
