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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.
The following cryptocurrencies are traded on Korbit:
On September 28, 2017 65% of Korbit was acquired by the parent company of Nexon, NXC, for $80 million.
On August 31, 2013 Korbit raised $130,000 in funding from Strong Ventures, D.CAMP, and SK Planet.
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.
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.
