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 that is the largest shareholder of $11.5 billion-valued Nexon, confirmed to TechCrunch that it paid 91.3 billion KRW (approximately $79.5 million) … Continue reading Confirmed: Korean crypto exchange Korbit sold to Nexon parent for $80M