/Korea's IT giants invest in cryptocurrency exchanges

Korea's IT giants invest in cryptocurrency exchanges



Kakao currently owns an estimated 23 percent stake in Doonamu, which operates Korea’s biggest cryptocurrency exchange Upbit. Nexon’s parent company NXC Holdings also acquired a controlling stake in Korea-based digital currency exchange Korbit in September 2017 for 91.25 billion won ($85.4 …

Source: Korea’s IT giants invest in cryptocurrency exchanges