Samsung SDS is building stablecoin infrastructure, crypto-based financial SI, and AI-driven payments with Dunamu, its first concrete detail on what the May equity stake actually means. CEO Lee Jun-hee said on today's Q2 earnings call that the Dunamu investment "is not a simple financial investment, but a strategic investment to enter the digital asset infrastructure business," aimed at combining Dunamu's blockchain operating expertise with Samsung SDS's IT services, AI, cloud, and security capabilities. This follows Samsung SDS's participation, alongside Samsung Securities and Samsung Card, in the ~4% Dunamu stake acquisition back in May, which at the time was described only broadly as strategic positioning. Today's call is the first time Samsung has named specific business lines, stablecoins, SI, and AI payments, rather than just holding equity, with Lee saying business models will get further defined through ongoing discussions with Dunamu.