[Naver Plans to Advance Independent IPO for Its Fintech Division] BlockBeats News, April 16: South Korea's largest internet technology company, Naver, is planning to advance an IPO for its fintech division, Naver Financial. This move was proposed following its recent strategic transaction with Upbit's parent company, Dunamu. Naver aims to further expand its presence in the payment, digital finance, and cryptocurrency sectors by independently listing Naver Financial, leveraging Dunamu's resources to enhance its competitiveness. Currently, Naver is engaged in fierce competition with rivals like Kakao in South Korea's fintech market through products such as Naver Pay.