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The news of "receiving full stock swaps with CEX's parent company Dunamu" has stimulated Naver's stock price to pump 11%.
On September 25, according to market information, South Korea's largest portal site Naver saw its stock price rise by 11% during trading today. According to previous reports, Naver's financial subsidiary Naver Financial is advancing a comprehensive share swap with Dunamu, the parent company of CEX. Through this share swap, Dunamu will become a wholly-owned subsidiary of Naver Financial. Naver will integrate Dunamu's business, achieving full coverage in daily life areas ranging from shopping and finance to Crypto Assets trading.