15/5/2026, 2:06:01 pm

Hana Bank invests $670M in Upbit parent amid Korea's crypto shift

Hana Bank acquired 2.28 million Dunamu shares from Kakao Investments for 1.003 trillion won ($670 million), securing a 6.55% stake in Dunamu, Upbit's parent company. The deal makes Hana Bank Dunamu's fourth-largest shareholder and follows its earlier moves to integrate digital assets into its financial services. A regulatory change is expected as South Korea works on its Digital Asset Basic Act.