Chat App Giant Kakao 'Owns 23% of Crypto Exchange Operator'

The South Korean internet giant Kakao reportedly owns "around" 23% of Dunamu, the operator of the nation's market-leading crypto exchange Upbit, per South Korean media outlets. Two of the country's biggest financial newspapers - Maeil Kyungjae and Money Today - made mention of the company's minority ownership of Kakao in recent reports about Kakao's financial