Samsung Group’s push into the digital asset market is deepening. Its IT division, Samsung SDS, has announced partnership discussions with Dunamu - operator of Upbit, South Korea’s largest crypto exchange. The two companies plan to build stablecoin infrastructure, digital asset systems, and AI-based payment models.
Samsung SDS CEO Lee Jun-hee disclosed the plans during the company’s second-quarter earnings call on Thursday, July 30, 2026. The collaboration aims to combine Samsung SDS’s IT, cloud, and cybersecurity capabilities with Dunamu’s blockchain expertise, with a clear goal: leading the region’s digital financial infrastructure market.
A Strategic Move, Not Just an Investment
The relationship between the two entities was already established through equity ownership. In May 2026, three Samsung affiliates - Samsung Securities, Samsung SDS, and Samsung Card - agreed to purchase a 4% stake in Dunamu. This combined acquisition cemented Samsung’s footprint in South Korea’s digital asset sector.
According to Lee, the Dunamu stake acquisition was a strategic move rather than a standard financial investment. Both companies are currently developing and finalizing a joint business model for broader digital financial infrastructure.
Samsung SDS claims it already possesses differentiated business capabilities in this space, stemming from its involvement in Korea Securities Depository’s tokenized securities platform project. The company is now leveraging this experience for its stablecoin project with Dunamu.
Computing Power for a New Ecosystem
News of the discussions comes just days after Samsung Electronics announced stablecoin support on its Samsung Wallet payment platform. This series of moves points to a coordinated strategy across Samsung Group’s business units to fully embrace Web3 and crypto services.
That ambition is backed by expanding technical capacity. In the second quarter of 2026, Samsung SDS posted a 5.9% revenue increase to 3.72 trillion Korean won (approximately $2.6 billion). The primary growth driver was its cloud business, which grew 17%, with external cloud services surging by 75%.
The company is preparing to support future AI systems and digital infrastructure by expanding its computing power. Its AI infrastructure capacity is slated to increase from the current 110 MW to 230 MW by 2029, before surpassing 800 MW in 2031.
As of publication time, Samsung SDS has not responded to requests for further comment. Meanwhile, Dunamu declined to comment on the specifics of the infrastructure discussions.
Source: Cointelegraph.
Read also: What Is DeFi (Decentralized Finance)?
Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
