📈UPDATE: South Korea’s Upbit parent plans US IPO after Naver merger: Report

* Upbit's parent company, Dunamu, reportedly plans a U.S. IPO on the Nasdaq exchange.

* The IPO is planned post-merger with South Korean tech giant Naver.

* Board meetings to approve the merger are scheduled for Wednesday, with the deal expected to close this week.

* Upbit recorded a 24-hour trading volume of $2.1 billion.

* Naver plans to launch a Korean won-backed stablecoin project post-merger.

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