Samsung Securities, Samsung SDS and Samsung Card are moving to expand cooperation in digital asset businesses through an investment in Dunamu.

Samsung Securities, Samsung SDS and Samsung Card said on May 28 they decided to acquire 1.39 million shares, equal to a 4.0 percent stake in Dunamu held by a Kakao affiliate, for 612.8 billion won.

The stake to be acquired by company is 2.0 percent for Samsung Securities, 1.0 percent for Samsung SDS and 1.0 percent for Samsung Card.

The investment is a strategic equity stake to secure new business opportunities in the growing digital asset market. Samsung affiliates plan to strengthen competitiveness in digital asset-related businesses by cooperating with Dunamu, which operates a major domestic digital asset exchange.

Samsung explained it decided on the investment after considering the possibility that the scope of digital assets such as won-denominated stablecoins will expand and, as a result, the business scope of exchanges could also broaden.

Samsung Securities plans to strengthen cooperation with Dunamu across digital assets, including the issuance and distribution of token securities and digital asset services. It will seek to expand related services and explore new business opportunities.

Samsung SDS will combine Dunamu's blockchain operations experience with its existing capabilities in IT services, artificial intelligence, cloud, security and data management technologies.

Based on this, it plans to enhance competitiveness in blockchain software and strengthen next-generation digital finance infrastructure businesses for domestic financial firms.

Samsung Card plans to cooperate with Dunamu in building a distribution ecosystem, including support for digital asset payments using Samsung Finance's integrated app Monimo, when a won-denominated stablecoin is introduced in the future.

A Samsung official said, "This equity investment is aimed at strengthening the digital asset-related business competitiveness of each Samsung affiliate," adding, "Through future cooperation with Dunamu, each company will be able to secure market leadership related to digital assets."