-
South Korea's Top Crypto Exchange to Be Absorbed By Tech Giant in $10.3 Billion Deal
South Korea’s largest crypto exchange is officially getting acquired—pending regulator approval—by one of the country’s top tech giants. Naver Financial agreed Wednesday to absorb Dunamu, operator of crypto exchange Upbit, in an all-stock deal valued at $10.29 billion. According to a related filing, the deal will see Naver issue 2.54 new shares for every share in Dunamu, as the company is absorbed. That deal would see Dunamu’s leadership become the largest shareholders in parent company Naver Financial, despite the crypto company being absorbed as a wholly owned subsidiary. Both companies will continue to ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From financefeeds.com|Nov 26, 2025Spain’s government is reportedly preparing a new legislative proposal aimed at strengthening tax rules and compliance around cryptocurrencies. The proposed bill, still under ...
From fca.org.uk|Nov 26, 2025On this day in 1922, Howard Carter became the first to enter the tomb of King Tutankhamun. He couldn’t see much, at first – he’d made a small hole in the door and had to peer ...
From thestreet.com|Nov 26, 2025|2 commentsAs Black Friday deals flood inboxes and storefronts across the United States, millions of Americans say they’re tightening their budgets, not because they want to, but because ...
-
- Newer Stories
From kitco.com|Nov 26, 2025S&P Global downgraded its rating of Tether, the world's largest stablecoin on Wednesday, citing an increase in higher-risk assets in its reserves and "persistent gaps in ...
From @MarketNews_Feed|Nov 26, 2025RBNZ GOVERNOR HAWKESBY: WE THINK WE ARE IN A POSITION WHERE WE CAN PUT OUT AN OCR PROJECTION, WHICH IS BROADLY UNCHANGED. ... RBNZ GOV HAWKESBY: OCR OUTLOOK REMAINS BROADLY UNCHANGED; WE CAN WATCH AND WAIT TO SEE HOW CONDITIONS EVOLVE NEXT YEAR. RBNZ'S HAWKESBY: THE ECONOMY HAS BEEN THROUGH A TOUGH PERIOD. ... RBNZ's Hawkesby: We have needed to kickstart demand through rates. RBNZ'S HAWKESBY: THERE ARE A NUMBER OF LABOR MARKET INDICATORS THAT ARE STARTING TO PICK UP. ...
From @MarketNews_Feed|Nov 26, 2025RBNZ'S HAWKESBY: OUR INDICATORS ARE TELLING US NOW THAT THE ECONOMY EXPANDED THROUGH Q3. ... RBNZ GOV HAWKESBY: ECONOMIC RECOVERY IS UNDERWAY NOW, WITH H2 GDP RUNNING AT NEARLY 3% ANNUALIZED. RBNZ GOV HAWKESBY: WE ACTUALLY NEED TO CREATE SOME INFLATION THROUGH STRONGER ECONOMIC ACTIVITY RBNZ's Hawkesby: I have a high degree of confidence that over the next few quarters inflation is going to be coming down.
