Crypto Exchange Bithumb Sells Stake To Singapore-Based Blockchain Investment Firm For $354M USD

News | October 12, 2018 By:

South Korean cryptocurrency exchange Bithumb has reportedly sold over 38 percent of its equity to Singapore-based BK Global Consortium for 400 billion won ($354 USD).

BK Global Consortium, a blockchain investment firm led by plastic surgeon Kim Byung-gun, signed a deal on Thursday to purchase 50 percent plus one share from BTC Korea Holdings,


Crypto Exchange Bithumb Teams With BitPay For Remittance Service

Announcements, News | March 15, 2018 By:

Bithumb, South Korea’s largest cryptocurrency exchange, has teamed with blockchain payments technology platform BitPay to facilitate international remittance payments.

During an interview with CNBC, BitPay chief commercial officer Sonny Singh said the partnership would enable businesses in South Korea to issue invoices in bitcoin and get settled through BitPay.