Today was refuted rumors that Europe’s biggest bitcoin exchange can «get away» to South Korea. Earlier it was reported that the cryptocurrency exchange Bitstamp will be acquired by a South Korean video game developer Nexon.
Nexon CEO Lee Jung-Han (Lee Jung-hun) today announced the publication of the Korea Herald that his company is not going to buy Bitstamp and use of cryptocurrency in the gaming business.
Citing three sources familiar with this issue, Business Insider reported yesterday that the deal to sell Bitstamp, the oldest cryptocurrency exchanges in the world, the company Nexon is almost complete. Nexon is a South Korean company, which headquarters is located in Japan.
Bitstamp was founded in 2011 in Slovenia, but is now headquartered in Luxembourg. The exchange was the oldest in the world last year when Chinese BTCC stopped work because of the ban
government. Daily trading volume on the platform is more than $ 500 million, making it one of the 10 largest exchanges in the world.
Nexon, which released its first game in 1995, worth about $ 13 billion. The company is known for having developed the Korean and Japanese version of the popular computer and mobile games such as Counter Strike and FIFA Online.
According to rumors, the Creator of the video game was going to pay $ 350 million in Bitstamp, which is currently the only licensed cryptocurrency exchange in Europe.
We will remind, the American stock exchange Poloniex was recently purchased
Circle company for $ 400 million. This is noteworthy due to the fact that Bitstamp Poloniex regularly surpasses the daily trading volume, and unlike Poloniex has relationships with banks needed to offer trading pairs with Fiat currencies.
In 2013, hedge Fund Pantera Capital invested in Bitstamp $ 10 million and later the company raised $ 2.4 million in the framework of a crowdfunding campaign in early 2017.
It should be noted that Nexon in September of last year bought
share in the South Korean crypto currency exchange Korbit. The cost of this transaction is estimated at 91.3 billion Korean won (about $80 million).