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,