Naver and Dunamu merge: 5 years of investment of 10 trillion won to create a global Web3 and AI integrated platform.

Source: DecenterKorea Original Title: Naver-Dunamu “Investing 10 trillion won over 5 years… Proving K fintech capabilities globally” Original Link: https://www.decenter.kr/NewsView/2H0M87HSGK/GZ03

After the merger of Naver and Dunamu, they will invest 10 trillion won over the next five years, leveraging Web3 and artificial intelligence (AI) technological capabilities to enter the global market.

Naver, Dunamu, and Naver Financial held a joint seminar on the 27th at Naver headquarters 1784 to discuss the integration of the three companies and their vision for global entry and exit. The meeting was attended by Naver Chairman Lee Hae-jin, Dunamu Chairman Song Ji-heung, Vice Chairman Kim Hyung-nyeon, Naver representative Choi Soo-yeon, Dunamu representative Woo Kyung-seok, and Naver Financial representative Park Sang-jin, among other top executives from the three companies.

Representative Cui stated: “The current technological momentum that aligns the mass adoption of blockchain ( and agentic AI ), which autonomously judges and processes tasks, is an important turning point for unlocking new opportunities. In this opportunity, the willingness for global new innovations has reached a consensus between Naver and Dunamu,” and explained the background of this corporate merger.

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Chairman Song stated: “The three companies have joined forces to design the next-generation financial infrastructure that integrates AI and blockchain, creating a new global platform order that goes beyond payment settlement and encompasses all areas of finance as well as life services,” elaborating on their ambitions.

Naver Chairman Lee Hae-jin stated: “Naver's AI capabilities must create a synergy with Web3 to seize the next generation market,” and added: “In order for Dunamu and Naver Financial to keep pace with global digital finance industry trends, a fast decision-making system is needed. Only by making new attempts and challenges that global enterprises have yet to try can we survive in the competition with them.”

Vice President Jin stated: “In the future, most assets will circulate on the blockchain, and tokenization will spread,” and added: “Through this corporate integration, we will create a future led by Korea in the borderless digital asset market.”

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Representative Wu emphasized that the essence of this transaction is to combine the strengths of both companies, turning the global technological inflection point from a crisis into an opportunity and seeking a greater leap. By integrating △Dunamu's blockchain·Web3·global top-tier digital asset trading volume △settlement and financial services of payments △Naver's AI·search infrastructure·large-scale content and e-commerce service capabilities, higher levels of competitiveness can be ensured.

If this transaction is successful, the largest internet company in China and representative search AI technology company Naver, along with Naver Financial, which has over 34 million users and an annual payment scale of over 80 trillion won, the operator of Upbit with the highest digital asset trading volume in the country, and Dunamu, which possesses the highest blockchain technology in the country such as Kaia Chain, will pool their strengths to seize new global opportunities.

5 years investment of 10 trillion won……“Proving K-Fintech strength globally”

Cui representative stated: “It is important to fully explain the vision of the two companies to external stakeholders,” and added: “After the completion of this transaction, priority will be given to global entry and exit, building a collaborative work culture. As a complete lineup of user-data-technology-service-capital strength will be established, we will be fully prepared to boldly enter the global Web3 market.”

Cui then stated that after the merger of the three companies, they will support the revitalization of domestic technology ecosystems like AI and Web3, which are issues of our time, leading the industry. In light of the emergence of global players with technological and service backgrounds, domestic enterprises must build and revitalize their foundational ecosystems to ensure competitiveness. He also announced a plan to invest 100 trillion won over five years to support the cultivation of AI and Web3-related ecosystems.

Representative Wu stated: “Dunamu and Naver Financial will prioritize focusing on the incorporation of subsidiaries through comprehensive stock exchanges and expanding synergy through corporate integration, rather than additional management structure changes, and will concentrate on expanding accessibility to global markets and capital markets,” explaining future plans.