Hana Bank plans to acquire Dunamu shares for approximately $670 million
Source:
www.bloomberg.com
According to Bloomberg, South Korea’s major commercial bank Hana Bank has acquired shares in cryptocurrency exchange operator Dunamu valued at approximately $670 million, signaling further adoption of digital assets by South Korean banks. Hana Financial Group stated that Hana Bank’s board of directors has approved the purchase of 228 million Dunamu shares from Kakao Investment. Dunamu operates Upbit, South Korea’s largest cryptocurrency exchange.