Samsung’s 4% Crypto Bully: 408M Gold & Giggles

by

Samsung Securities, Samsung SDS, and Samsung Card are buying a modest slice of Dunamu, the sheriff of South Korea’s crypto
cattle ranch, Upbit.

They’re here for a taste of the digital wild west. Creep forward if you like watching finance giants dance with blockchain.

  • Samsung’s posse will snatch 1.39 million Dunamu shares from Kakao cousins for roughly 408 million dollars-a king‑corona in the crypto world.
  • With the purchase, they plan to spread tokenized securities, chain‑infrastructure, and digital‑asset payments across the Republic.
  • Just a couple of weeks earlier, Hana Bank swooped in with a $670 million haul, showing the big finance folk are ready to wrangle the new crypto rules.

The deal roots Samsung’s financial and tech branches deeper in digital assets as South Korea gambles on stablecoins, tokenized securities, and regulated crypto payments. It’s another rumbling Korean brass band trying to claim the spot in the regulated crypto bazaar.

Samsung units step into the dunamu hole

As ETNews reports, the fellow Samsung brothers bought 1.39 million shares from Kakao folks for 612.8 billion won-about 408 million dollars. Samsung Securities dives in for a 2% chunk, while Samsung SDS and Samsung Card follow with 1% each.

🚨 Samsung brothers just inched 4% into Dunamu, the juggernaut behind South Korea’s biggest crypto exchange Upbit, for a cool $408 million.

This comes just two weeks after Hana Bank sweetened the plot by buying 6.55% for roughly $670 million.

– Satoshi Club (@esatoshiclub) May 28, 2026

With the stake, the Samsung units now carry a direct piece of Dunamu, the rope that ties the crypto trade to its largest ring. The exchange has long kept the country’s coins circling its own hunts’ table.

Magic next: Samsung Securities plans to help Dunamu pull out tokenized securities, hand them to investors, and sprinkle digital‑asset services on top. It’s a sweet deal for those who want securities that whisper on a blockchain.

Samsung Card, too, eyes the cousins’ potential won‑pegged stablecoin. The card unit will collaborate with Dunamu on digital‑asset payments and push them through Monimo, Samsung’s financial services app.

Samsung SDS tie‑ducks with blockchain hype

Samsung SDS intends to fuse its AI, cloud, security, and data‑watching juggernauts with the blockchain seasoning that Dunamu is known for. The goal? A bigger, slicker digital finance backbone for Korean banks and their customers.

“This equity investment is aimed at strengthening each affiliate’s competitiveness in digital asset‑related businesses.” said a Samsung official.

And Dunamu’s own chief, with a grin, added that the company is thrilled and will lean on Samsung for decisions around blockchain‑using investments, payment infrastructure, and even AI workflows.

Korean money keepers readying for crypto laws

The Samsung deal follows Hana Bank’s press statement about grabbing a 6.55% stake in Dunamu for about 1 trillion won-nearly $670 million. Hana is slated to finish the deal on June 15, making it Dunamu’s fourth‑largest shareholder.

All this happens while South Korea hammers out the Digital Asset Basic Act, a law meant to tame stablecoins, exchanges, digital operators, and investors alike. For the Samsung trio, Hana, and other Korean stalwarts, Dunamu is the perfect lasso to rope in the regulated crypto future.

Meanwhile, Dunamu is also rolling out a merger with Naver Financial-another deal that draws vetting eyes from regulators. The whole scene makes Upbit’s parent company a prime target for banks, card issuers, and tech giants hoping to secure a front row seat before the rules settle.

Read More

2026-05-28 12:38