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September 28, 2017 08:10 am GMT

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 which owns $11.5 billion-valued Nexon, confirmed to TechCrunch that it paid91.3 billion KRW (approximately $79.5 million) for 65.19 percent of Korbit. South Korean… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9XP4ia58vpw/

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