Browsing: stock-swap deal

Latest stock-swap deal news, price updates, and AI-powered insights from Bpay News. Stay informed on global crypto trends.

In a significant move within the South Korean fintech landscape, Naver Financial is set to acquire Dunamu, the operator of the popular cryptocurrency exchange Upbit, in a groundbreaking $10.3 billion stock-swap deal.This merger is anticipated to solidify Naver’s position at the forefront of the digital asset market, transforming Dunamu into a wholly owned subsidiary by 2026, pending shareholder approval.