{"id":19953,"date":"2026-05-15T18:48:59","date_gmt":"2026-05-15T18:48:59","guid":{"rendered":"https:\/\/cryptoted.net\/index.php\/2026\/05\/15\/xrp-upbit-volumes-surge-on-hana-bank-deal\/"},"modified":"2026-05-15T18:48:59","modified_gmt":"2026-05-15T18:48:59","slug":"xrp-upbit-volumes-surge-on-hana-bank-deal","status":"publish","type":"post","link":"https:\/\/cryptoted.net\/index.php\/2026\/05\/15\/xrp-upbit-volumes-surge-on-hana-bank-deal\/","title":{"rendered":"XRP Upbit volumes surge on Hana Bank deal"},"content":{"rendered":"<p> <br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/media.crypto.news\/2025\/09\/crypto-news-XRP-option10.webp\" \/><\/p>\n<div>\n<p class=\"is-style-lead\">XRP Upbit volume surged to $330 million on May 15 after Hana Bank announced a $670 million Dunamu stake.<\/p>\n<div id=\"cn-block-summary-block_650210876f7a0ef66c0b6d688ba2085b\" class=\"cn-block-summary\">\n<p>\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/p>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>XRP\u2019s Korean won pair led Upbit with over $330 million in 24-hour trading volume, outpacing Bitcoin\u2019s $217 million and Ethereum\u2019s $109 million.<\/li>\n<li>South Korea\u2019s Hana Bank agreed to buy a 1 trillion won stake in Dunamu, operator of Upbit, in the largest bank investment into a crypto exchange on record.<\/li>\n<li>XRP pulled back from a 24-hour high of $1.55 to $1.45 as options expiry pressure offset the volume surge, with trading activity up over 83% on the day.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>XRP Upbit volumes <a href=\"https:\/\/www.banklesstimes.com\/articles\/2026\/05\/15\/hana-bank-invests-670m-in-upbit-parent-company-dunamu\/\" target=\"_blank\" rel=\"nofollow\">surged<\/a> on Friday after South Korea\u2019s Hana Financial Group announced it will acquire a 1 trillion won ($670 million) stake in Dunamu, the operator of Upbit, through its subsidiary Hana Bank. <\/p>\n<p>The XRP-KRW pair recorded over $330 million in 24-hour volume, outpacing Bitcoin\u2019s $217 million and Ethereum\u2019s $109 million on the same exchange.<\/p>\n<p>The deal is expected to close on June 15, giving Hana Bank a 6.55% stake in Dunamu and making it the exchange\u2019s fourth-largest shareholder. Hana Financial Group simultaneously signed a strategic agreement with Dunamu to build a \u201cdigital asset-based financial innovation\u201d model linking traditional banking and crypto markets. <\/p>\n<p>Hana Financial TI has already completed a proof-of-concept for a Korean won-backed stablecoin on the XRP Ledger.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">South Korea\u2019s deepening XRP footprint<\/h2>\n<p>The Dunamu deal is the latest in a series of Korean institutional moves tied to XRP. As crypto.news <a href=\"https:\/\/crypto.news\/ripple-signs-first-korea-insurance-deal\/\">reported<\/a>, Ripple signed a partnership with Kyobo Life Insurance in April to pilot the tokenization of South Korean government bonds using Ripple Custody, the first time a Tier-1 Korean insurer adopted on-chain bond infrastructure.<\/p>\n<p>South Korean retail traders have consistently shown strong preference for XRP, a pattern crypto.news <a href=\"https:\/\/crypto.news\/not-bitcoin-ether-xrp-emerges-breakout-trade-2026\/\">documented<\/a> earlier this year when XRP emerged as the standout trade of the 2026 crypto rally. <\/p>\n<p>XRP spot ETFs, whose combined US assets under management crossed $1.25 billion, have also been <a href=\"https:\/\/crypto.news\/xrp-spot-etf-hits-11-week-inflow-record\/\">attracting<\/a> record inflows, adding an institutional layer to what has traditionally been retail-driven Korean demand.<\/p>\n<p>Despite the volume surge, XRP pulled back from $1.55 to $1.45 amid broader market weakness linked to the $2.6 billion options expiry and rising US Treasury yields. Analysts continue to watch the $1.50 level as the first meaningful resistance for any extended move higher.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/crypto.news\/xrp-upbit-volumes-surge-on-hana-bank-deal\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP Upbit volume surged to $330 million on May 15 after Hana Bank announced a $670 million Dunamu stake. Summary XRP\u2019s Korean won pair led Upbit with over $330 million in 24-hour trading volume, outpacing Bitcoin\u2019s $217 million and Ethereum\u2019s $109 million. South Korea\u2019s Hana Bank agreed to buy a 1 trillion won stake in [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":19954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[23],"tags":[],"kronos_expire_date":[],"class_list":["post-19953","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/19953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/comments?post=19953"}],"version-history":[{"count":0,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/19953\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media\/19954"}],"wp:attachment":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media?parent=19953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/categories?post=19953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/tags?post=19953"},{"taxonomy":"kronos_expire_date","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/kronos_expire_date?post=19953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}