Hanwha Investment & Securities "No decision made on selling Dunamu stake"
Summary
- Hanwha Investment & Securities announced that nothing has been decided yet regarding the sale of its Dunamu stake.
- Hanwha Investment & Securities said it is reviewing various possibilities such as continued holding, purchase claims, and sale.
- It said it will re-disclose the related matters within one month or if specific details are confirmed.
Amid speculation about a possible merger between Naver Financial and Dunamu, the operator of the virtual asset (cryptocurrency) exchange Upbit, Hanwha Investment & Securities denied reports that it was selling its stake in Dunamu.
On the 29th (local time), Hanwha Investment & Securities said in a public disclosure that "Recently, Naver Financial and Dunamu have been conducting discussions on a strategic partnership including a comprehensive share swap," while also stating, "It is reviewing various options such as continued holding, purchase claims, and sale, but nothing has been decided yet." Earlier, some media reported that Hanwha Investment & Securities was considering selling its stake in Dunamu.
It added, "If specific details are confirmed later, or within one month, we will re-disclose the related matters."
Meanwhile, Hanwha Investment & Securities is known to hold a 5.94% stake in Dunamu.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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