AiCoin
AiCoin|Jul 07, 2026 09:26
[Stock Swap Deal Between Dunamu and Naver Financial Postponed to End of 2026] According to The Block, South Korea's Upbit parent company Dunamu and Naver Financial have announced that their stock swap deal has been postponed for the second time to December 31, 2026. South Korea's proposed 'Basic Act on Digital Assets' plans to set a 20% cap on the shareholding ratio of major shareholders in cryptocurrency exchanges, which impacts Dunamu's equity structure. The deal was originally planned for Naver Financial to issue approximately 87.56 million new shares, with a total value of about 15.13 trillion KRW.
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