Binance acquires majority stake in Korean crypto exchange GOPAX
Binance, the world largest cyrpto exchange, has acquired a majority stake in GOPAX, a South Korea-based crypto trading platform.
Stay updated with breaking news from Junhaeng Lee. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Binance, the world largest cyrpto exchange, has acquired a majority stake in GOPAX, a South Korea-based crypto trading platform.
The Korea Fair Trade Commission will put Dunamu, owner of the country's largest digital currency exchange Upbit, under high scrutiny due to the firm's monopolistic market share.
Earlier this year, when we first started discussing the key topics which would feature in our October 28th Insights conference, we looked at several leading trends.
Streami Receives Strategic Investment from Digital Currency Group The amount of the deal was not disclosed. The company intends to use the funds to accelerate growth and its position as the most trusted digital asset platform in Korea. Founded in 2015 by CEO Junhaeng Lee, Streami operates GOPAX, Korea’s leading crypto exchange. On GOPAX platform, the company offers GOFi, savings products that allow GOPAX users to earn interest on crypto assets. The investment includes an exclusive regional partnership between Streami and Genesis, a large digital asset lender and a DCG subsidiary, to offe...
South Korean Crypto Exchange Streami Gets Strategic Investment from digital Currency Group Streami has received a strategic investment from the Digital Currency Group (DCG), according to a release. Streami is based in South Korea and operates GOPAX, a crypto exchange. DCG is said to be the second-largest investor in Streami and previously participated in the Series A round in 2016. Details on the investment were not revealed. Streami’s seed funding round was led by Shinhan, one of South Korea’s largest commercial banks. Barry Silbert, founder and CEO of DCG, stated: “We expanded our in...