Naver & Dunamu Lay Groundwork for Future IPO

[cryptohog]

Naver and Dunamu are signaling long-term ambitions beyond their $10B share swap deal, with plans to form an IPO committee for Naver Financial within a year of closing.

The filing outlines a potential public listing within five years (extendable by two), suggesting the companies are positioning Naver Financial as a fintech powerhouse that could eventually bring crypto exchange Upbit under a publicly traded structure.

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decentralization but still figuring out who’s in charge