Samsung Securities spent approximately $204 million to acquire shares in Upbit's parent company.

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According to Foresight News , South Korean brokerage Samsung Securities announced it will acquire 697,487 shares of Dunamu, the parent company of Upbit, for approximately 306.4 billion won (US$204 million), representing a 2% stake. The acquisition targets existing shares held by affiliated funds such as Kakao Investment. Samsung Securities stated that this investment aims to strengthen its competitiveness in the digital asset business and achieve synergies.

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