X @Wu Blockchain

Deal Overview - Dunamu (Upbit operator) and Naver Financial are planning a merger to create a ~$13.8 billion group [1] - The combined entity is expected to pursue a Nasdaq listing, potentially pushing its valuation above $34 billion [1] Strategic Focus - The deal aims to integrate Naver Pay with Dunamu's blockchain and stablecoin infrastructure [1] - A key component is the development of a planned won-backed stablecoin [1] Regulatory Landscape - The merger is subject to regulatory approval [1]