BTS Company Hybe to Set Up Joint Enterprise on NFTs with Korean Crypto Alternate Upbit

The 2 corporations will trade shares via a third-party allotment capital improve, based on the announcement. Hybe will purchase a 2.5% stake in Dunamu value KRW 500 billion ($423 million), whereas Dunamu will purchase KRW 700 billion of newly issued Hybe shares, which symbolize a 5.6% stake within the music company.

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