Hana Financial deepens crypto involvement with major Dunamu stake. South Korea's Hana Financial Group is acquiring a 6.55% stake in digital asset operator Dunamu for 1 trillion won, equivalent to US$669 million. Hana Bank will purchase shares from Kakao Investment, positioning itself as the platform's fourth-largest shareholder. This strategic move significantly expands their existing partnership beyond basic fiat account services for cryptocurrency transactions. The two companies plan to collaborate on developing digital financial products, including stablecoin initiatives. The acquisition reflects regulatory pressure on South Korean cryptocurrency exchanges to reduce major shareholder concentrations and strengthen financial stability and corporate governance. Dunamu operates the Upbit exchange and reported 13.
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