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Cryptocurrency Cointelegraph

Naver to acquire Upbit operator Dunamu in $10.3B all-stock deal

Naver Financial plans to acquire Dunamu in a $10.3 billion stock-swap deal, issuing 87.56 million new shares and making the crypto giant a wholly owned subsidiary.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Naver to acquire Upbit operator Dunamu in $10.3B all-stock deal

Naver Financial plans to acquire Dunamu in a $10.3 billion stock-swap deal, issuing 87.56 million new shares and making the crypto giant a wholly owned subsidiary.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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