Korbit, founded in 2013, is South Korea’s pioneering cryptocurrency exchange, offering a secure and user-friendly platform for trading a diverse range of digital assets. The company has garnered support from prominent investors such as SoftBank, Pantera Capital, Tim Draper, and Digital Currency Group. In 2017, Korbit was acquired by NXC, the holding company of gaming giant Nexon, integrating it into a family of innovative technology enterprises. The platform has expanded its services to include an NFT marketplace and ETH 2.0 staking, catering to the evolving needs of the crypto community. With a strategic partnership with Shinhan Bank, South Korea’s largest bank, Korbit ensures regulatory-compliant KRW on/off-ramp services, solidifying its position as a trusted and compliant exchange in the South Korean market. In 2021, SK Square, an investment arm of SK Group, acquired a 35% stake in Korbit, reflecting the growing interest of major conglomerates in the cryptocurrency sector. Headquartered in Gangnam, Seoul, Korbit continues to lead the way in the digital asset industry, emphasizing security, innovation, and regulatory compliance.
Website: https://www.korbit.co.kr
Highlights
Korbit is South Korea's first cryptocurrency exchange, established in 2013.
In 2017, Korbit was acquired by NXC, the parent company of gaming giant Nexon.
The platform offers a wide range of cryptocurrencies and services, including an NFT marketplace and ETH 2.0 staking.
Korbit has partnered with Shinhan Bank, South Korea's largest bank, to provide regulatory-compliant KRW on/off-ramp services.
In 2021, SK Square, an investment arm of SK Group, acquired a 35% stake in Korbit, becoming its second-largest shareholder.
