Last Updated: 05 February 2021 Upbit, one of South Korea’s top cryptocurrency exchanges, looks set to welcome a new shareholder. This week, The Korea Herald reported that Hanwha Investment and Securities, a securities investment company, had reached a deal to acquire a stake in the exchange’s parent company. Improving Its Commitment to the Digital Asset Space Hanwha Investment and Securities, a subsidiary of the Seoul-based financial services firm Hanwha Group, has agreed to terms to purchase 2.06 million shares of Dumamu, Upbit’s operator. The report values the deal at 58.3 billion won ($52.24 million) and it would see the investment firm acquire a 6.15 percent stake in the exchange operator.