Woori Technology Investment has stated that there are no concrete developments regarding the rumored sale of its stake in Dunamu, the operator of Upbit.
On the previous day, Woori Technology Investment announced on its company website, “Regarding the article by a media outlet reporting on the potential sale of Dunamu shares, we inform you that there are currently no specific progress details concerning the sale of Dunamu shares.”
Woori Technology Investment holds a 7.22% stake in Dunamu, valued at approximately 420 billion KRW. After investing 5.5 billion KRW in 2015, this represents about a 73-fold gain in valuation.
Meanwhile, Upbit has maintained an average daily trading volume in the 10 trillion KRW range, driven by the recent bullish trend in virtual assets led by Bitcoin. On the 2nd, the day when trading volume surged, the daily trading volume reached 26 trillion KRW.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
