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Hana Bank is buying 2.28 million shares in Dunamu, the parent company of Upbit, for about $670 million from Kakao Investments. This gives Hana Bank a 6.55% stake and makes it the fourth-largest shareholder. The deal is expected to close on June 15 and comes as Dunamu is working on a merger with Naver Financial. This move shows Hana Bank’s interest in the crypto space and its long-term strategy in the financial sector.
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