Woori Technology Investment plans to sell its stake in Upbit operator Dunamu
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2024-12-04 18:03:01 8,018
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Golden Finance reported that according to Bloter, South Korean venture capital company Woori Technology Investment plans to sell its 7.22% stake in Upbit operator Dunamu after nine years of holding. According to Dunamu's third-quarter report for Data Analysis, Retrieval and Transmission System (DART) submitted to South Korea's Financial Services Supervisory Authority (FSS), the stake is valued at approximately $300.88 million, while its acquisition cost in 2015 was only $389. million dollars. The share sale is expected to be conducted in a block transaction.