The largest portal site in South Korea, Naver's subsidiary, is advancing a comprehensive share swap with CEX's parent company, Dunamu.

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On September 25, according to local media Chosun in South Korea, Naver's financial subsidiary Naver Financial is advancing a comprehensive stock swap with Dunamu, the parent company of CEX. The transaction will be completed by issuing new shares through Naver Financial in exchange for existing shares held by Dunamu's shareholders. Through this stock swap, Dunamu will become a wholly-owned subsidiary of Naver Financial. Naver will integrate Dunamu's business to achieve full coverage of daily life areas ranging from shopping and finance to Crypto Assets trading.

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