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The founder of Dunamu, South Korea's largest encryption exchange, has joined the ranks of billionaires through a $13.6 billion acquisition deal.
The founders of South Korea's largest crypto assets exchange Dunamu Inc., Song Ji-hyung and Kim Hyung-nyun, agreed to sell the company to Naver Corp.'s fintech division in an all-stock deal, valuing the transaction at $13.6 billion. Song Ji-hyung will receive a 19% stake, while Kim Hyung-nyun will receive a 10% stake, making both of them global billionaires.
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