South Korea: Bithumb Exchange Operator Reveals Plans for US, Japanese Markets

Cointelegraph

Published Apr 19, 2019 06:05AM ET

Updated Apr 19, 2019 10:02AM ET

South Korea: Bithumb Exchange Operator Reveals Plans for US, Japanese Markets

The CEO of Singapore-based Blockchain Exchange Alliance (BXA) — which has a controlling stake in major South Korean crypto exchange Bithumb — has revealed plans to expand to the American and Japanese markets. The news was reported by Cointelegraph Japan on April 18.

BXA CEO BK Kim told Cointelegraph Japan in an interview that BXA’s strategy is to pursue a so-called reverse merger route by acquiring a publicly-traded company that is already listed on either Nasdaq or the New York Stock Exchange (NYSE).

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