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South Korea's largest portal site Naver will confirm the acquisition plan of Dunamu, the parent company of a local CEX, next week.
On November 19, according to a report by koreatimes, sources indicate that South Korea's largest portal site Naver is expected to confirm its acquisition plans for Dunamu at a board meeting scheduled for next week. Dunamu is the operator of South Korea's largest Crypto Assets trading platform.
Insiders revealed that Dunamu plans to hold a board meeting on November 26 to confirm the specific details of the acquisition plan.
It is reported that Naver plans to promote a comprehensive stock swap through its fintech subsidiary Naver Financial, making Dunamu its wholly-owned subsidiary, aiming to expand its business layout in the digital finance sector.