TechFlow, Nov 27 — According to Theblock, South Korean internet portal giant Naver and Dunamu, the parent company of Upbit, plan to invest 10 trillion won (approximately $6.8 billion) over the next five years to build next-generation financial infrastructure based on artificial intelligence and blockchain technology.
At a joint press conference on Thursday, Dunamu CEO Song Chi-hyung said they will establish a "completely new global framework" covering payments, settlements, and the broader financial sector. Naver CEO Choi Soo-yeon stated that the company sees new opportunities at the intersection of blockchain adoption and agentive AI transformation.
Previous report, NAVER officially announced it will acquire 100% equity of Dunamu through a share exchange.
