Samsung SDS and Dunamu Merge AI Cloud Power With Stablecoin Infrastructure

Woofun AI reports that Samsung SDS has initiated strategic discussions with Dunamu, the operator of Upbit, to co-develop stablecoin infrastructure and AI-driven payment models. CEO Lee Jun-hee confirmed these negotiations during the second-quarter earnings call, framing the collaboration as a pivotal step in merging IT services with blockchain technology. This partnership emerges as a direct extension of Samsung Electronics’ broader digital asset strategy, signaling a coordinated group effort to capture market share in decentralized finance.

The deeper driver is the validation of technical capabilities already established by Samsung SDS. Lee noted that the firm has secured differentiated competencies through the Korea Securities Depository’s tokenized securities platform project, achieving end-to-end validation of the full stablecoin process from issuance to settlement. By integrating Samsung SDS’s IT services, cloud, and security capabilities with Dunamu’s blockchain expertise, the alliance aims to lead the digital asset infrastructure market. This synergy follows Samsung Electronics’ recent announcement to add stablecoin support to Samsung Wallet, broadening the ecosystem’s reach.

Structurally, the collaboration is underpinned by a significant equity commitment made in May 2026. Samsung Securities, Samsung SDS, and Samsung Card agreed to acquire a combined 4% stake in Dunamu, a move Lee characterized as strategic rather than purely financial. Per Woofun AI, this investment deepens Samsung affiliates’ ties to South Korea’s digital asset sector, with both entities planning to refine business models for digital financial infrastructure. The stake serves as a foundational lock-in for long-term operational integration rather than a short-term yield play.

Financial performance metrics highlight the robust growth fueling these expansions. Q2 revenue rose 5.9% year-on-year to 3.72 trillion Korean won ($2.6 billion), driven largely by cloud services. Cloud revenue increased 17% from the previous year, with external cloud business revenue jumping 75%, fueled by demand for Samsung’s cloud platform and graphics processing unit-as-a-service offerings. This surge in cloud adoption provides the necessary computational backbone for the proposed AI-based payment systems and stablecoin processing networks.

Looking ahead, Samsung SDS has outlined aggressive targets for AI infrastructure expansion, aiming to scale capacity from 110 megawatts today to 230 MW by 2029 and exceed 800 MW by 2031. This trajectory underscores a dual-focus strategy to build massive AI infrastructure alongside digital finance services. The convergence of high-performance computing and blockchain settlement layers marks a critical evolution in corporate tech infrastructure.