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.
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.