Hana Bank, a leading South Korean commercial bank, has invested approximately $670 million to acquire shares in Dunamu, the parent company of cryptocurrency exchange Upbit. This move marks a significant step in the integration of digital assets within South Korea's banking sector. The investment involves the purchase of 228 million shares from Kakao Investment, as approved by Hana Financial Group's board.
Hana Bank Invests $670 Million in Upbit Operator Dunamu
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