Samsung SDS has identified stablecoin infrastructure as the first major collaboration area under its investment in Dunamu, outlining plans to combine blockchain, AI and cloud technologies as part of its digital asset strategy. The announcement came during the company’s second-quarter earnings conference call, where President Lee Joon-hee stated the stake in Dunamu was made to enter the digital asset infrastructure business rather than as a mere financial investment.
Lee said Samsung SDS intends to merge Dunamu’s blockchain operating experience with its own IT services, artificial intelligence, cloud computing and cybersecurity capabilities to strengthen digital financial infrastructure. Discussions are ongoing around stablecoin infrastructure, AI-powered next-generation payment systems and virtual asset financial system integration. This partnership follows the acquisition of a combined 4% stake in Dunamu by Samsung affiliates in May, with Samsung SDS taking a 1% share.
The move aligns with Samsung Electronics’ recent disclosure of plans to bring stablecoin support to Samsung Wallet. At the Galaxy Unpacked event on July 24, Samsung Electronics said the wallet application will support stablecoins alongside payments and rewards, although launch dates and supported tokens were not detailed. Together, the wallet announcement and Samsung SDS’s latest remarks signal that Samsung’s digital asset initiatives now extend from consumer payment products to the infrastructure backing blockchain-based financial services.
Samsung SDS also reported strong cloud growth, with a 17% revenue increase in its cloud segment and a 75% jump in external cloud business during the second quarter. The company plans to expand its AI infrastructure from 110 megawatts today to over 800 megawatts by 2031, which will also support blockchain services. The collaboration could position Samsung SDS and Dunamu to develop smarter, more efficient digital payment solutions, reflecting South Korea’s continued push into digital finance.
