Naver Financial, the fintech arm of South Korea’s leading internet giant, has entered a share-swap agreement with Dunamu, the company behind Upbit. The deal gives Naver effective control of the country’s largest crypto exchange, opening the door to its entry into digital finance. Naver also plans to tap into the won-pegged stablecoin market, signaling a new wave of innovation in Korea’s financial landscape. This partnership strengthens the link between mainstream tech and the fast-growing crypto sector.

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