The founder of Dunamu, South Korea's largest encryption exchange, has joined the ranks of billionaires through a $13.6 billion acquisition deal.

According to ChainCatcher news and Bloomberg reports, the founders of South Korea's largest crypto assets exchange Dunamu Inc., Song Ji-hyung and Kim Hyung-nam, agreed last week to sell the company to the fintech division of Naver Corp., with the deal being conducted entirely in stock. According to the Bloomberg Billionaires Index, in this merger deal valued at $13.6 billion, Song Ji-hyung will receive a 19% stake in the combined entity, worth $2.7 billion; Kim Hyung-nam will receive a 10% stake, worth $1.4 billion, thus placing both of them among the world's wealthiest individuals.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
APersonIsAGuestAtvip
· 2025-12-02 00:40
The founder of Dunamu, South Korea's largest cryptocurrency exchange, has joined the ranks of billionaires through a $13.6 billion acquisition deal.
View OriginalReply0