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AiCoin
AiCoin|Nov 27, 2025 04:20
[Naver and Upbit Parent Company Dunamu Plan to Invest $6.8 Billion in AI and Blockchain] South Korean tech company Naver and cryptocurrency exchange Upbit's parent company Dunamu plan to jointly invest KRW 10 trillion (approximately $6.8 billion) over the next five years to build financial infrastructure based on AI and blockchain technology. Naver Financial has confirmed the acquisition of Dunamu through a stock swap transaction. The two companies will integrate AI, payment, and blockchain ecosystems and jointly work on issuing a Korean won-pegged stablecoin. Naver Financial plans to launch a stablecoin wallet service in Busan next month. South Korean President Lee Jae-myung supports establishing a stablecoin market pegged to local currency to protect monetary sovereignty.
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