South Korean Gaming Giant Planning to Buy Crypto Exchange Bithumb for $460 Million
January 8, 2021
Bithumb acquisition, Bithumb crypto exchange, Bitstamp, Exchanges, gaming industry, Korbit, Lee Hung Hoon, Nexon Group, South Korea
Eddy
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Nexon, the South Korean multi-billion-dollar gaming conglomerate, is reportedly planning to buy a 65% stake in troubled crypto exchange Bithumb in a deal worth about 500 billion won ($460 million). ● According to local media reports, Nexon is to buy all the shares owned by Bithumb chairman Lee Jung Hoon, including several others totaling up […]