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Hana Financial to invest 1 trillion won in Dunamu, targeting digital asset market

Hana Financial Group is making a strategic equity investment of about 1 trillion won in Dunamu, operator of South Korea\'s largest digital asset exchange Upbit. Hana Financial said Hana Bank will acquire a 6.55 percent stake for about 1.0033 trillion won from Kakao Investment, becoming Dunamu\'s fourth-largest shareholder. The two sides also signed an MOU to cooperate on blockchain-based remittances, a won stablecoin ecosystem, global business and digital asset wealth management services.