Naver Financial acquires Upbit via stock swap in expansion move

South Korea’s fintech firm Naver Financial, the subsidiary of Naver Corp. , has agreed with Dunamu, the parent company of crypto exchange Upbit, to proceed with a comprehensive stock swap. On Thursday, local news outlet Yonhap News reported that the transaction is expected to be approved by both companies’ boards in the coming weeks, which will […] source: https://www.cryptopolitan.com/naver-financial-acquires-upbit-stock-swap/