Securities firms including Samsung Securities jointly acquire a stake in Dunamu 4%
Competition in the financial sector to secure stakes in virtual asset businesses is heating up. Samsung Securities, Samsung SDS and Samsung Card acquired a stake of 4% in Dunamu, while Korea Investment & Securities and OKX have moved to secure a stake in Coinone.
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Moves to secure stakes related to virtual assets are rapidly increasing in the financial sector. As momentum builds to ease the separation of finance and industry rules, securities firms have actively pursued investments in exchange stakes. 28Announcements and reports that followed confirmed this trend.
Samsung Securities, together with its systems integration (SI) affiliate Samsung SDS and Samsung Card, acquired a stake of 4% in Dunamu. The companies disclosed the stake acquisition and said they would proceed with the relevant procedures. The deal was described as the first step toward expanding cooperation in digital asset businesses.
Moves by Korea Investment & Securities to secure a stake related to Coinone have come to light. Overseas exchange OKX is also exploring the possibility of cooperation with Coinone. Interest in exchange stakes is growing simultaneously across the financial sector.
Dunamu held “Upclass,” an event on a university campus. 1,200Participants took part in platform promotion and talent recruitment activities. The company said it plans to continue programs for university students.
The latest equity transactions and partnership moves point to a trend of partnerships between financial firms and virtual asset platforms. Consortium-style participation has also been seen, such as the joint acquisition of stakes by Samsung Securities, Samsung SDS, and Samsung Card. Financial firms are seeking to build their capabilities in digital asset-related businesses by securing stakes in exchanges.
A series of reports have said that competition to secure stakes in exchanges is gaining momentum across the market. The possibility of further similar acquisition and partnership news in the near term has been raised. Investors should check each company’s disclosures and regulatory announcements from financial authorities.