AdvertisementAdvertisementBusinessThe logo of Hana Bank is seen at the bank's main office building in Seoul May 27, 2011.REUTERS/Lee Jae-Won15 May 2026 07:25AM (Updated: 15 May 2026 07:52AM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST SEOUL, May 15 : South Korea's Hana Bank will acquire a 1 trillion won ($700 million) stake in Dunamu, operator of the country's largest cryptocurrency exchange, the bank's holding company said in a regulatory filing on Friday.In a separate filing, Kakao Corp. said its investment subsidiary will sell a 1 trillion won share in privately held Dunamu on Friday.Dunamu operates the Upbit cryptocurrency exchange, which handles a trading volume of more than 80 per cent in a booming virtual asset market and makes a hefty profit, according to analysts.Hana Bank's acquisition is equivalent to a 6.55 per cent stake while Kakao Investment's share drops to 4.03 per cent, according to the filings.($1 = 1,492.5900 won)Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST