Samsung affiliates will acquire a 4% stake in Dunamu for 612.8 billion won, with the transaction scheduled to close on June 19, 2026. Samsung Securities, Samsung SDS, and Samsung Card will purchase about 1.39 million shares from Kakao-affiliated sellers through an all-cash block sale. Samsung Securities will take a 2% stake, while Samsung SDS and Samsung Card will each take a 1% stake. The per-share price implies a Dunamu valuation of roughly 15.3 trillion won. The purchase is part of Kakao’s effort to reduce its holdings in Dunamu. Samsung Securities plans to work on tokenized securities issuance, distribution, and virtual asset services, Samsung SDS plans to combine AI, cloud, cybersecurity, and data capabilities with Dunamu’s blockchain infrastructure, and Samsung Card plans to pursue crypto payment networks and potential integration with Monimo for won-denominated stablecoins.
"Samsung affiliates will acquire a 4% Dunamu stake for 612.8 billion won ($408M), closing June 19, 2026. The deal gives Upbit, South Korea's largest crypto exchange by volume, direct ties to major finance firms. Samsung Securities targets tokenized securities while Samsung Card eyes crypto payments via Monimo."
"The three units will collectively purchase roughly 1.39 million shares from Kakao-affiliated sellers, including Kakao Investment, Kakao Ventures, Kakao Youth Entrepreneurship Fund, and the KIF-Kakao Woori Bank Technology Finance Investment Fund. The transaction is structured as an all-cash block sale and is scheduled to close on June 19, 2026."
"Samsung Securities will take a 2% stake, acquiring approximately 697,487 shares for about 306.3 billion won. Samsung SDS and Samsung Card will each take a 1% stake. The per-share price sits at approximately 439,250 to 441,000 won, placing Dunamu's implied valuation at roughly 15.3 trillion won, or about $11.1 billion."
"Samsung Securities, the brokerage unit, plans to collaborate with Dunamu on tokenized securities issuance, distribution, and virtual asset services. Samsung SDS plans to fuse its strengths in AI, cloud computing, cybersecurity, and data management with Dunamu's blockchain infrastructure to expand the digital finance software sector. Samsung Card has set its sights on crypto payment networks, including the possibility of integrating such services into its Monimo platform should won-denominated stablecoins gain trac"
Read at news.bitcoin.com
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