Naver Financial-Dunamu Share Swap Completion
Upbit · Other · March 31, 2027
Naver Financial's all-stock takeover of Upbit operator Dunamu is scheduled to complete on March 31, 2027 after a third delay.
Naver Financial is scheduled to complete its share swap with Dunamu, operator of Upbit, South Korea's largest crypto exchange, on March 31, 2027, making Dunamu a wholly owned subsidiary of the Naver group. Per Naver's October 7, 2026 regulatory disclosure, the swap date moved from December 31, 2026 and the shareholders' meeting from November 19, 2026 to February 26, 2027, because the Korea Fair Trade Commission merger review is not yet complete. This is the third postponement (June 30, September 30, December 31), so further delays are possible. Key topics: Naver Dunamu merger, Upbit acquisition, Naver Financial, Korean crypto exchange, KFTC review.