TechFlow News, May 28: Samsung Securities announced that its board of directors has decided to acquire 697,487 existing shares of Dunamu—the operator of Upbit—for approximately KRW 306.373 billion (USD 204 million), representing a 2% stake. Samsung Securities stated that this investment aims to strengthen its competitiveness in digital asset business and realize synergies. Reports indicate that South Korea’s financial regulators have recently signaled a relaxation of the “separation between finance and virtual assets” restriction, and integration trends between traditional financial institutions and virtual asset trading platforms are intensifying.
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