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Samsung Affiliates Acquire $408M Stake in Upbit Parent Dunamu

28 May, 2026   /   News   /  AI   /   Tags:  samsung, dunamu, korea, sds, south

Samsung Affiliates Acquire $408M Stake in Upbit Parent Dunamu

Samsung Securities, Samsung SDS, and Samsung Card have agreed to purchase a combined 4% stake in Dunamu, the operator of South Korea’s largest cryptocurrency exchange Upbit

The $408 million investment signals deepening ties between traditional corporate giants and the crypto sector as South Korea prepares broader regulations for digital assets, stablecoins, and tokenized securities.

Major Corporate Move into Crypto Infrastructure

Three Samsung group companies finalized plans on May 28, 2026, to acquire shares in Dunamu from a Kakao affiliate. Samsung Securities will take a 2% stake, while Samsung SDS and Samsung Card will each hold 1%. The total transaction is valued at approximately 612.8 billion Korean won, or $408 million. The deal is scheduled to close on June 19.

This investment comes shortly after Hana Bank acquired a 6.55% stake in Dunamu for around $670 million, highlighting accelerated institutional interest in South Korea’s leading crypto platform. Upbit, operated by Dunamu, ranks among the world’s highest-volume exchanges and plays a key role in Asian altcoin trading.

Key Transaction Details
  • Samsung Securities: 2% stake, focus on tokenized securities and investment products
  • Samsung SDS: 1% stake, integration of AI, cloud, and cybersecurity with blockchain
  • Samsung Card: 1% stake, development of digital asset payment systems
  • Total: 4% stake for $408 million

Strategic Goals Behind the Investment

Samsung officials described the move as a way to strengthen competitiveness in digital asset businesses. The affiliates plan specific collaborations with Dunamu across multiple areas.

Samsung Securities intends to work with Dunamu on issuing tokenized securities and creating new digital asset investment products. This aligns with South Korea’s ongoing discussions about regulated blockchain-based financial instruments.

Samsung SDS, the group’s IT services arm, aims to combine its expertise in artificial intelligence, cloud computing, cybersecurity, and data management with Dunamu’s blockchain capabilities. The company sees opportunities to expand enterprise blockchain solutions for financial institutions.

Samsung Card plans to explore digital payment integrations through the Monimo platform. This includes potential cooperation on stablecoin-related payment systems as South Korea moves toward possible won-backed stablecoins.

“The investment aims to strengthen the competitiveness of digital asset-related businesses across Samsung affiliates through cooperation with Dunamu.”
Samsung Group statement

South Korea’s Evolving Crypto Landscape

The Samsung investment reflects broader shifts in South Korea’s financial sector. Major institutions are positioning themselves ahead of the Digital Asset Basic Act, which will set rules for stablecoins, tokenized assets, and crypto operations.

Local exchanges like Upbit have long influenced regional market sentiment. With growing institutional participation, the sector is transitioning from primarily retail-driven activity toward more structured financial services.

Recent moves by other players, including Mirae Asset’s interest in Korbit and various banks testing stablecoin projects, indicate a coordinated push into blockchain infrastructure. Kakao affiliates have sold roughly $1.5 billion in Dunamu equity in recent weeks, suggesting portfolio adjustments among tech conglomerates.

Market Context
  • Upbit maintains significant trading volume and liquidity in Asian markets
  • South Korea ranks among top global crypto trading nations
  • Regulatory framework advancing for stablecoins and tokenized securities
  • Institutional investors increasing exposure to digital asset platforms

Implications for Samsung and the Industry

For Samsung, the stake provides a direct connection to one of the region’s most active crypto exchanges. It offers practical experience in blockchain operations while preparing for expanded services in payments and asset tokenization.

Dunamu gains additional capital and partnerships with a major technology and financial group. The company operates Giwa, an Ethereum Layer-2 network currently in testnet, which could benefit from Samsung’s technical resources.

Industry observers see this as part of a larger trend where established corporations integrate crypto infrastructure into their existing business lines. The focus extends beyond trading to practical applications in payments, securities issuance, and enterprise blockchain solutions.

As South Korea develops its regulatory approach, these partnerships could help shape how digital assets integrate with traditional finance. The Samsung-Dunamu collaboration may serve as a model for future institutional involvement in the sector.

CompanyStakeFocus Areas
Samsung Securities2%Tokenized securities, investment products
Samsung SDS1%AI, cloud, cybersecurity + blockchain
Samsung Card1%Digital payments, stablecoins

Broader Institutional Trend

The transaction underscores how South Korean financial and technology leaders view digital assets as a strategic growth area. With regulatory clarity approaching, companies are securing positions in key infrastructure rather than remaining on the sidelines.

This development follows Samsung’s earlier blockchain initiatives, including cold wallet services launched years ago. The current investment represents a more substantial commitment to the ecosystem.

Disclaimer
This article was generated by AI using information from multiple industry sources. It has not been reviewed or verified by a human editor and may contain inaccuracies, omissions, or misinformation. Readers are encouraged to independently verify any information before making decisions based on its content.
This article is for informational purposes only and does not constitute financial, legal, or investment advice. Cryptocurrency and related investments involve substantial risk, and past performance does not guarantee future results.
Last updated on 28 May, 2026 13:09