28 Sep

Confirmed: Korean crypto exchange Korbit sold to Nexon parent for $80M

 The parent company of games giant Nexon has confirmed that it acquired Korea’s second largest cryptocurrency exchange, Korbit, in a deal that values it at just over $120 million. A spokesperson from NXC, the corporation which owns $11.5 billion-valued Nexon, confirmed to TechCrunch that it paid 91.3 billion KRW (approximately $79.5 million) for 65.19 percent of Korbit. South Korean… Read More
Source: TechCrunch – Funding and Exits

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