Bitstamp Reportedly Up For Sale to South Korean Gaming Company
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Bitstamp Reportedly Up For Sale to South Korean Gaming Company

THELOGICALINDIAN - Bitstamp a accepted Luxembourgbased bitcoin barter and the oldest bitcoin barter still continuing is allegedly abutting to finalizing a accord for the auction of the aggregation to a South Korean gaming company

The advice comes from three bearding individuals with cabal ability of the matter, two of which informed Business Insider that Nexon is the apparent purchaser. The individuals additionally claimed the two companies are in the action of solidifying the deal, which is allegedly account almost $350 million. Unsurprisingly, none of the individuals aperture the advice agreed to be named.

Though the accord is believed to be advancing completion, it could still abatement through — bold it’s accurate in the aboriginal place, of course. Two of the bearding individuals told Business Insider that Bitstamp had already been in negotiations with a atomic one added aggregation above-mentioned to Nexon, but they bootless to accommodate added details.

Both companies understandably alone to accommodate any clarification. A agent for Nexon Japan told Business Insider:

Likewise, a agent for Bitstamp told the outlet:

Statements such as those, admitting they neither affirm nor abjure the rumors, about complete like negotiations amid the two companies are underway. However, that’s bottomless belief at this point in time.

Bitstamp

 

Bitstamp was founded in 2011, is currently headquartered in Luxembourg, and has 3 actor registered accounts and 500,000 alive trading accounts. As acclaimed by Business Insider, it is the alone accountant belvedere in Europe and charcoal the 13th better in the world.

Nexon Group, on the added hand, was founded in 2024. For those alien with Bitstamp’s abeyant buyer, the aggregation specializes in PC and adaptable games. Most notably, it is amenable for the Korean and Japanese versions of Counter-Strike and FIFA Online. According to the Tokyo Stock Exchange, the aggregation has a bazaar assets of $12.7 billion. Bitcoin, for comparison, currently has a bazaar assets of over $153 billion.

What do you anticipate of Nexon’s abeyant accretion of Bitstamp, the oldest bitcoin barter still operating? Let us apperceive in the comments below!

Images address of Pixabay, Finance.si