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Korbit

Korbit

Korbit is a cryptocurrency exchange that is headquartered in Seoul, South Korea that was founded in 2013 by Kangmo Kim, Louis Jinhwa Kim, and Tony Lyu. Korbit was the worlds first Bitcoin-Korean Won exchange.

Korbit is a cryptocurrency exchange that was founded by Kangmo Kim, Louis Jinhwa Kim, and Tony Lyu in 2013, and is headquartered in Seoul, South Korea. Korbit was the first Bitcoin-Korean Won (KRW) currency exchange in the world.

Cryptocurrencies on Korbit

The following cryptocurrencies are traded on Korbit:

Acquisitions

Nexon

On September 28, 2017 65% of Korbit was acquired by the parent company of Nexon, NXC, for $80 million.

Funding

No stage

On August 31, 2013 Korbit raised $130,000 in funding from Strong Ventures, D.CAMP, and SK Planet.

Seed

On January 20, 2014 Korbit raised $400 thousand in seed funding from Tim Draper, Pietro Dova, Naval Ravikant, Michael Yang, Jay Eum, David Lee, Firestrartr, and Digital Currency Group.

Series A

On August 7, 2014 Korbit closed their series A funding round with $3 million in funding from Strong Ventures, Softbank Ventures Korea, Pantera Capital, Draper Associates, BAM Ventures, and Pietro Dova.

Timeline

People

Name
Role
Related Golden topics

Kangmo Kim

Co-Founder

Louis Jinhwa Kim

Co-Founder

Tony Lyu

Co-Founder

Further reading

Title
Author
Link
Type

Korean Bitcoin Exchange Korbit Raises $3M Series A

Catherine Shu

News

Korean Media Giant Buys 65% Of Bitcoin Exchange Korbit For $80 mln

William Suberg

News

Documentaries, videos and podcasts

Title
Date
Link

Tokenomics by Exchanges -- Korbit, Bitsgap, EXMO, Simex

August 8, 2018

Companies

Company
CEO
Location
Products/Services

References