Naver has postponed its full share swap transaction with Dunamu, initially planned for completion by the end of June, to September 30th. The shareholders' meeting has been rescheduled from May to August 18th. The delay is attributed to changes in licensing approvals and regulatory frameworks, with reviews and licensing processes still ongoing.
The share swap is intended to integrate Dunamu, a major cryptocurrency exchange operator, into Naver's financial ecosystem. This move aims to bolster Naver's digital finance and asset business amid growing competition in the global digital asset market.
Naver Delays Share Swap with Dunamu to Third Quarter
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