Bitstamp Confirms Acquisition by South Korean Company


Bitstamp has confirmed that it has been acquired by a European subsidiary of a South Korean company. Nejc Kodrič will stay the CEO of the change. The Korean group additionally owns gaming large Nexon and Korbit, the nation’s fourth largest crypto change.

Additionally learn: Yahoo! Japan Confirms Entrance Into the Crypto House

Bitstamp Acquired

The oldest remaining and largest cryptocurrency change in Europe, Bitstamp, introduced on Monday that it has been acquired by Belgium-based funding firm NXMH, a subsidiary of South Korea-based NXC Corp.

In a weblog publish, Bitstamp CEO Nejc Kodrič wrote:

Bitstamp has been often approached by suitors for fairly a while. The rationale why we lastly determined to promote the corporate is a mixture of the standard of the client, the standard of the provide and the truth that the trade is at a degree the place consolidation is smart.

Bitstamp Confirms Acquisition by South Korean Company
Bitstamp CEO Nejc Kodrič.

He informed Reuters, “The sale wasn’t deliberate. There was no lively effort to go…



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