{"id":49397,"date":"2025-09-25T05:16:37","date_gmt":"2025-09-25T05:16:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=49397"},"modified":"2025-09-25T05:16:37","modified_gmt":"2025-09-25T05:16:37","slug":"south-korean-crypto-exchange-upbit-to-be-acquired-by-naver-report","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=49397","title":{"rendered":"South Korean Crypto Exchange Upbit To Be Acquired by Naver: Report"},"content":{"rendered":"<div>\n<p>South Korean crypto exchange Upbit is about to be acquired by internet giant Naver, <a href=\"https:\/\/www.donga.com\/news\/Economy\/article\/all\/20250925\/132461609\/1\">according to a report<\/a>.<\/p>\n<p>The deal would bring Upbit&#8217;s parent Dunamu under the umbrella of Naver Financial, making Dunamu a full subsidiary of Naver&#8217;s financial arm, the report said. <\/p>\n<p>Upbit is one of the largest crypto exchanges in the crypto friendly country, while Naver operates multiple internet based services in South Korea, including Naver Pay.<\/p>\n<p>The deal is likely to be a stock swap deal with Naver Financial issuing new shares in the crypto exchange for Dunamu&#8217;s current shares, the report added.<\/p>\n<p>Shares of Naver jumped over 7% to korean won 246,000 ($175) after reports of the Upbit acquisition came out.<\/p>\n<p>Reports of the deal come in the wake up of the South Korean government pushing to establish a framework for won-pegged stablecoins in the country.<\/p>\n<p>Naver and Dunamu were not immediately available for comment.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>South Korean crypto exchange Upbit is about to be acquired by internet giant Naver, according to a report. The deal would bring Upbit&#8217;s parent Dunamu under the umbrella of Naver Financial, making Dunamu a full subsidiary of Naver&#8217;s financial arm, the report said. Upbit is one of the largest crypto exchanges in the crypto friendly [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-49397","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/49397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49397"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/49397\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}