Hana Financial to Invest 1 Trillion Won in Dunamu, Making Hana Bank No. 4 Shareholder

Hana Financial Group will make an equity investment worth about 1 trillion won in Dunamu, the operator of Upbit, South Korea’s largest virtual asset exchange, through its subsidiary Hana Bank. In a May 15 disclosure, Hana Financial said Hana Bank decided to acquire 2.284 million Dunamu shares, equal to a 6.55% stake. A day earlier, Hana Bank’s board approved the purchase of 2.284 million shares from the 3,690,050 Dunamu shares held by Kakao Investment for about 1.0033 trillion won. The acquisition is scheduled to be completed on June 15, after which Hana Bank will become Dunamu’s fourth-largest shareholder. As of the end of 2025, Dunamu’s largest shareholder was Chairman Song Chi-hyung with 25.51%, followed by Vice Chairman Kim Hyoung-nyon with 13.10%. Kakao Investment, previously the third-largest shareholder, will fall out of the top five major shareholders after the sale. With a major financial company joining as a key shareholder, Dunamu gains a strategic basis to ease government regulatory pressure by improving management transparency. Source: rss.donga.com