Bitstamp May be Connected with Nexon

Public filings establish the strong link yet between Bitstamp and Korean gaming firm Nexon
09 July 2018   254

The corporate report of NXC Holding confirms that the giant of the game industry Nexon and one of the oldest bitcoins-exchanges Bitstamp could conclude a partnership. However, it remains unclear whether it is a direct purchase of the trading platform, reports CoinDesk.

Thus, NXC Holding is the sole shareholder of the Belgian investment and consulting company NXMH B.V.B.A., which owns 99% of the Belgian Bitstamp Holdings N.V.

It should be noted that even on April 25 Bitstamp Holdings N.V. made a purchase of Japanese Bitstamp Japan Co., Ltd. Nevertheless, the operator of the exchange is British Bitstamp Limited, and the appointment of the Japanese company is unknown.

Nexon also stressed that the Belgian company is not a trading platform operator.

People want to trust other people within new games, and blockchain technology can help bring that reputation across different sort of games.

Owen Mahoney

CEO, Nexon's U.S.

In January 2017, the Bitstamp exchange has achieved the goals of the investment campaign ahead of schedule, raising € 1.3 million.

Nexon's CEO to Refute Bitstamp Purchase Rumours

Lee Jung-hun, CEO of Nexon, said that " does not have anything to do with a Bitstamp acquisition"
26 April 2018   269

Business Insider reported that the oldest exchange Bitstamp to close the deal with the South Korean gaming company Nexon.

Bitstamp, founded in 2011 and headquartered in Luxembourg, last year became the oldest of the remaining crypto exchanges after the Chinese BTCC closed. At the moment, the 24-hour trading volume on Bitstamp is $ 500 million, making it the 10th largest exchange in the world.

The company Nexon, which released its first game in 1995, is estimated at about $ 13 billion.

According to Business Insider, Nexon paid $ 350 million for Bitstamp, but the company's CEO hastened to refute this information.

Nexon Korea does not have anything to do with a Bitstamp acquisition. We do not have any plans to link cryptocurrencies with our game business.

Lee Jung-hun

CEO, Nexon

Last September, Nexon acquired a controlling stake in the South Korean crypto exchange Korbit for $ 150 million. At that time, Korbit was the second largest exchange in South Korea; now the daily trading volume of this platform is about $ 100 million.