PANews reported on September 25th that Naver Financial , a subsidiary of South Korean search engine giant Naver , has reached a full equity exchange agreement with Dunamu , the operator of the virtual asset exchange Upbit . The two parties will complete the acquisition through a share swap. Naver will leverage this opportunity to expand into the digital finance sector, focusing on its stablecoin business pegged to the Korean won, and plans to jointly expand into overseas markets. Naver Financial's annual payment volume reaches 8 trillion won, while Upbit is the largest virtual asset exchange in South Korea and the fourth largest globally. This partnership will expand Naver's reach into everyday scenarios such as shopping, finance, and cryptocurrency trading.