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Blockchain Exchange Alliance (BXA), the Singapore-headquartered holding company of Bithumb, one of South Korea’s largest cryptocurrency exchanges, is looking to raise at least US$100 million in a Bnktothefuture equity crowdfunding. BXA holds 38.7% of the company that owns and operates the Bithumb exchange. The exchange claims 4.3 million active users...
Orbs, an Israeli startup developing a hybrid blockchain complementing and scaling base-layer protocols such as Ethereum, has raised a “seven-figure” US dollar investment from Kakao Investment, the venture arm of the leading South Korean Internet conglomerate Kakao. Orbs said on Thursday that the new capital will be used to...
South Korea is already a key player on the global cryptocurrency stage but a new report by blockchain intelligence startup Cindicator suggests that this is only the beginning. South Koreans are estimated to account for 30% of all cryptocurrency trading in the world and about 30% of locals are said...
South Korean fintech company Dunamu Inc. is expanding its crypto-asset exchange business to Singapore. The company said it chose Singapore as its first overseas destination and “launching pad” into foreign markets, citing the country’s strong support for blockchain and cryptocurrency. The exchange, which will begin operations in October, will offer the...
Blockchain startup Orbs is expanding into South Korea with the opening of its Seoul headquarters, the company’s first office outside of Israel, and a Memorandum of Understanding (MoU) freshly signed with Kakao’s blockchain subsidiary Ground X for research, development and business cooperation.Orbs is building a hybrid blockchain with built-in...

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