The gaming company Nexon, a subsidiary of the South Korean investment firm NXC, has signed an agreement with the management of the Bithumb cryptocurrency exchange to buy the site for $ 460 million.
Nexon began purchasing 65% of Bithumb shares earlier this month, according to local newspaper Maekyung. According to the newspaper, the firm has agreed to sell shares with the largest shareholder of Bithumb Holdings – Vidente.
In case of successful completion of the transaction, NXC will become the owner of the third cryptocurrency exchange. Recall that earlier, NXC acquired the Bitstamp exchange through another subsidiary NXMN, and in September 2017, the Korbit platform was bought for $ 80 million.
Back in September 2020, it was reported that Bithumb owners were looking for a buyer for the site. However, the exchange had problems with law enforcement – the chairman of the board of the company, Lee Jung-hoon, was accused of a fraudulent sale of Bithumb tokens called BXA for about $ 25 million.
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