[Alpha Biz= Paul Lee] Danal, a leading integrated payment solutions provider, announced on December 11 that it successfully completed a block deal of its shares with Boston-based asset manager Weiss Asset Management.
Weiss Asset Management, a global firm with approximately $4 billion AUM, focuses on “identifying undervalued assets” and “securing key infrastructure in emerging industries.” Since entering the Korean market in 2000, Weiss has expanded its Asian portfolio since 2013.
Recently, Weiss has been investing in the long-term growth potential of the crypto and Web3 industries, targeting major global players such as Coinbase, Circle, Canaan Creative, Stratis, and Metaplanet. Against this backdrop, Weiss recognized Danal’s leadership in the domestic and international stable
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
