South Korean internet giant Kakao is partially exiting its early investment in crypto exchange operator Dunamu, selling a stake worth 1 trillion won ($670 million) to domestic commercial bank Hana Bank.

Kakao said in a stock exchange filing on Friday that its investment arm, Kakao Investment, will sell a 6.55% stake in Dunamu. Hana Bank, a subsidiary of Hana Financial Group, will buy the stake in cash, the Korean banking giant said in a separate........

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