🇰🇷 Korea's largest crypto exchange sells stake in $350 million deal
Korea's largest crypto exchange, Bithumb, just sold over 38 percent of its ownership to BK Global Consortium, a Singapore-based blockchain investment firm for $350 million. The largest stakeholder, BTC Holdings, controls 76 percent of the exchange, but agreed to sell 50 percent + 1 shares of its ownership to BK Group, which will become the largest stakeholder after the sale.
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.