✅South Korean Crypto Wallet BitBerry To Shut Down Soon✅
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✅South Korean Crypto Wallet BitBerry To Shut Down Soon✅
Read Out More 👉https://www.cryptoknowmics.com/news/south-korean-crypto-wallet-bitberry-to-shut-down-soon
May 2026 Crypto Fundraising Report - Cryptopolitan
➤ May 2026 saw a significant rebound in crypto fundraising, with $3.52B raised across 83 VC rounds, a 408% increase from April, driven by mega-rounds from Kalshi and Dunamu. ➤ While M&A dominated the total disclosed capital ($9.57B) due to Bullish's acquisition of Equiniti, VC funding showed strong growth, particularly in late-stage and strategic rounds. ➤ Key sectors attracting investment included Prediction Markets, AI, and Exchanges, with Fasset specifically noted for its focus on tokenized real-world assets.
Samsung Invests $408 Million in Owner of Upbit Exchange
➤ Samsung is investing $408 million for a 4% stake in Dunamu, the operator of South Korea's largest crypto exchange, Upbit. ➤ This strategic investment positions Samsung to play a key role in the upcoming launch of tokenized securities and stablecoins in South Korea, leveraging Dunamu's infrastructure and user base. ➤ The deal signifies a broader trend of traditional financial institutions in South Korea actively securing positions in the digital asset market ahead of new regulatory frameworks.
Samsung buys stake in parent of Korean crypto exchange Upbit
Three Samsung group affiliates are investing a combined 612.8 billion won ($408 million) in Dunamu, the operator of Korea's largest cryptocurrency
➤ Samsung group affiliates are investing $408 million in Dunamu, the operator of South Korea's largest crypto exchange, Upbit. ➤ The investment is motivated by the expansion of digital assets, including Korean won stablecoins, and aims to leverage Dunamu's blockchain expertise for digital financial infrastructure. ➤ Samsung Securities plans to collaborate on security token issuance and distribution, while Samsung SDS will contribute infrastructure depth to build digital financial solutions.
Samsung Subsidiaries Invest $408M in Upbit Parent Company Dunamu
Samsung affiliates invest $408M in Dunamu, Upbit's parent company, joining Korea's institutional crypto investment wave alongside Hana and Hanwha groups.
➤ Samsung subsidiaries have invested $408 million in Dunamu, the parent company of South Korea's leading crypto exchange Upbit, acquiring a 4% stake. ➤ This investment signifies a major institutional push into South Korea's digital asset ecosystem, following similar moves by Hana Bank and Hanwha Investment Securities. ➤ The deal includes collaboration on tokenized securities, blockchain infrastructure, and other digital asset services, positioning Samsung for future growth in the regulated crypto market.
Samsung Units Invest $408M for 4% Stake in Dunamu
Samsung units buy 4% of Dunamu for $408M, gaining Upbit exposure while Korea readies stablecoin and tokenized securities rules for finance.
➤ Samsung units are investing $408 million for a 4% stake in Dunamu, the operator of South Korea's largest crypto exchange, Upbit. ➤ This strategic investment provides Samsung with exposure to the burgeoning digital asset market in South Korea, ahead of new regulations for stablecoins and tokenized securities. ➤ The move by Samsung, alongside other financial institutions like Hana Bank, highlights the growing institutional interest in regulated crypto infrastructure within South Korea.
Samsung Buys $408M Stake in Upbit Parent Dunamu
Samsung affiliates bought a $408 million stake in Upbit parent Dunamu as Korean firms race to prepare for stablecoins and crypto regulation.
➤ Samsung affiliates have invested $408 million in Dunamu, the parent company of South Korea's Upbit crypto exchange, signaling a significant move into the digital asset market. ➤ This investment, alongside similar moves by Hana Bank and Hanwha Investment & Securities, indicates a strategic positioning by major Korean firms in anticipation of new stablecoin and crypto regulations. ➤ The focus is on preparing for a future won-based stablecoin ecosystem and integrating digital assets into broader financial services, including tokenized securities and payment systems.
Samsung Affiliates Set to Acquire 4% Stake in Upbit Operator Dunamu - Crypto Economy
Samsung affiliates plan a $408M Dunamu stake, positioning around Upbit, tokenized securities and Korea’s emerging stablecoin framework.
➤ Samsung affiliates are reportedly planning to acquire a 4% stake in Dunamu, the operator of the Upbit cryptocurrency exchange, for $408 million. ➤ This move positions Samsung within Korea's evolving digital asset landscape, which includes tokenized securities and a developing stablecoin framework. ➤ The article also touches upon related news involving Hana Bank's bid for a stake in Dunamu, Upbit's partnership with Optimism for Layer 2 development, and a blockchain remittance system launch.