South Korea: Bithumb Exchange Operator Gains $200 Million From Japanese Investment Fund
Cointelegraph
Published Apr 15, 2019 04:24AM ET
Updated Apr 15, 2019 04:43AM ET
South Korea: Bithumb Exchange Operator Gains $200 Million From Japanese Investment Fund
The parent company of major South Korean cryptocurrency exchange Bithumb has received $200 million in funding from Japan’s ST Blockchain Fund, the latter confirmed in a press release shared with Cointelegraph Japan on April 15.
The cash, which forms part of a Series A funding round, will allow Blockchain Exchange Alliance (BXA) to expand the international side of Bithumb, which is already one of South Korea’s largest exchanges. New trading pairs will also appear, the press release notes.
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Written By: Cointelegraph
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