Samsung SDS plans to expand stablecoin operations in partnership with Upbit operator Dunamu

cryptonews.ruPubblicato 2026-07-31Pubblicato ultima volta 2026-07-31

Introduzione

Samsung SDS CEO Lee Chun-hee outlined the company's strategy to expand its presence in the digital asset infrastructure market, particularly in stablecoins, during the Q2 2026 earnings call. This follows Samsung SDS's recent strategic investment, alongside Samsung Securities and Samsung Card, to acquire a 4% stake in Dunamu, the operator of South Korea's largest crypto exchange Upbit. Lee emphasized that Samsung SDS is not starting from scratch, having already gained experience through projects involving tokenized securities and stablecoin infrastructure. By combining its IT services, cloud solutions, and security expertise with Dunamu's blockchain capabilities, the company aims to become a leading provider of backend infrastructure for digital asset services rather than launching consumer-facing crypto businesses. The strategy is unfolding as South Korea's regulatory framework for digital assets and stablecoins continues to develop. While no specific product launches or timelines were announced, Lee positioned the investment as a long-term move to capitalize on synergies and opportunities in South Korea's evolving digital asset market.

Samsung SDS President and CEO Lee Chun-hee outlined this strategy on July 29 during a Samsung SDS Q2 2026 earnings conference call, discussing the company's recent investment in Dunamu—the operator of South Korea's largest cryptocurrency exchange Upbit—as part of broader efforts to expand its digital assets presence.

"By combining Samsung SDS's IT services, cloud solutions, and security capabilities with Dunamu's blockchain expertise, we aim to become a leading player in this market," Lee noted during the earnings call.

Building on Existing Stablecoin Experience

Lee pointed out that Samsung SDS is not starting from scratch in this sector. The company has already been involved in tokenized securities and stablecoin infrastructure projects, gaining experience it believes can be expanded upon through its investment in Dunamu.

"We have already secured unique business opportunities in the digital asset infrastructure sector through the Korean Securities Depository's tokenized securities platform project, as well as through an end-to-end pilot conducted with domestic financial institutions covering the entire stablecoin process from issuance to settlement," Lee explained during the call.

He added that Samsung SDS intends to develop these capabilities by leveraging Dunamu's blockchain expertise. Lee stated:

"Based on this, we will enhance synergy with Dunamu to further expand our business opportunities in the digital asset infrastructure market."

A Strategic Investment

Samsung SDS considered this investment as part of its broader strategy to seek inorganic growth opportunities, which also includes investments related to artificial intelligence and robotics.

In May, Samsung SDS, Samsung Securities, and Samsung Card jointly acquired a 4% stake in Dunamu, South Korea's largest digital asset exchange operator. During the earnings call, Lee characterized this investment as one of the company's strategic initiatives aimed at expanding into the digital asset infrastructure sector.

This acquisition complements Samsung SDS's extensive technology portfolio, which includes business units and products in cloud computing, corporate IT services, cybersecurity, and artificial intelligence (AI). Rather than launching a consumer-facing crypto business, the company positions itself as a provider of the underlying infrastructure that powers digital asset services.

Regulatory Environment Remains a Focus

Samsung SDS's strategy is being developed against the backdrop of the ongoing evolution of South Korea's digital asset and stablecoin regulatory framework.

Lawmakers are discussing bills that would establish rules for stablecoin issuance and other digital asset-related activities, while policymakers continue to weigh the roles banks and non-bank companies should play in this sector. These discussions are expected to shape how the country's digital asset infrastructure develops in the coming years.

While Samsung SDS did not announce any new Dunamu-related products or commercial launches during the earnings call, Lee's remarks indicate the company sees long-term opportunity in providing corporate infrastructure for tokenized assets and stablecoin systems.

This strategy also aligns with Samsung SDS's broader technology expansion. During the earnings call, Lee stated that the company plans to increase its AI infrastructure capacity from approximately 110 megawatts today to 230 megawatts by 2029 and over 800 megawatts by 2031 as part of expanding its cloud and AI business lines.

Outlook

Samsung SDS did not announce timelines for launching new digital asset infrastructure solutions with Dunamu or Upbit, nor did it disclose specific joint projects during the earnings call.

Instead, Lee presented the investment as part of a long-term strategy combining Samsung SDS's corporate-sector technology capabilities with Dunamu's blockchain expertise, aiming to capitalize on opportunities in South Korea's evolving digital assets market. Whether this succeeds or not is a question only time can answer.

Domande pertinenti

QWhat is Samsung SDS's strategy regarding stablecoins and digital assets, as announced by President and CEO Lee Chun-hee?

ASamsung SDS plans to expand its presence in the digital asset sector, specifically in stablecoins, by leveraging its IT services, cloud solutions, and security capabilities in synergy with the blockchain expertise of Dunamu, the operator of South Korea's largest crypto exchange Upbit.

QWhat existing experience does Samsung SDS have in the digital asset infrastructure space?

ASamsung SDS has prior experience from its involvement in projects related to tokenized securities and stablecoin infrastructure, including the Korea Securities Depository's tokenized securities platform project and a full process verification for stablecoins, covering issuance to settlement, with domestic financial institutions.

QWhat was the nature of Samsung SDS's strategic investment in Dunamu?

AIn May, Samsung SDS, along with Samsung Securities and Samsung Card, jointly acquired a 4% stake in Dunamu. This is part of Samsung SDS's strategy for inorganic growth and expanding into the digital asset infrastructure market, positioning itself as a provider of core backend infrastructure rather than a consumer-facing crypto business.

QHow does the current regulatory environment in South Korea affect Samsung SDS's strategy?

AThe strategy is being developed against the backdrop of an evolving regulatory framework for digital assets and stablecoins in South Korea. Legislators are discussing bills to establish rules for stablecoin issuance and other digital asset activities, which will shape how the country's digital asset infrastructure develops.

QWhat are the company's plans for its AI infrastructure expansion alongside its digital asset strategy?

ADuring the earnings call, Lee stated that Samsung SDS plans to scale its AI infrastructure capacity from about 110 megawatts currently to 230 megawatts by 2029 and over 800 megawatts by 2031 as part of the expansion of its cloud and AI business units.

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