Upbit Operator to Announce Merger with Korean Tech Giant Naver This Week

South Korea’s top payment platform and largest cryptocurrency exchange are set to merge, with board approvals expected on Wednesday and a public announcement planned for the next day. This agreement will combine Naver Financial and Dunamu, the operator of Upbit, to form a powerful player that bridges traditional finance and digital assets in one of Asia’s largest economies. Merger Timeline and Structure The boards of both companies plan to meet on November 26 to approve the merger. After that, a joint announcement is expected on November 27 source: https://beincrypto.com/naver-dunamu-merger-announcement/