South Korea: Bithumb Exchange Operator Gains $200 Million From Japanese Investment Fund – Investing.com

This article was originally published on this site

https://lh5.googleusercontent.com/proxy/q7lIccix3elbRSRbvZzKVZbbGCDmwVj9-cYDkz2RUNpkRjkiTX_HLLYbNDhMlZx78H1RwAIQJRCN81Z8xJWRJNuuJ41lK8WUzkMdlTbtPJR2w6QyKYbSoXfeX-WEckN0V2ZzYw=-w150-h150-c

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.

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.