The world’s largest cryptocurrency exchange Binance, entered the South Korean market on February 13 for the first time in two years after it purchased the bulk of GOPAX, the fifth-largest cryptocurren...
Tag: Gopax
Binance Acquires Majority Stake in Gopax
Through its recent purchase of the South Korean cryptocurrency trading platform Gopax, the major cryptocurrency exchange Binance is making its way back to South Korea. Binance has reentered the South ...
Binance re-enters South Korea with GOPAX exchange
Major cryptocurrency exchange Binance is coming back to South Korea with a new acquisition of the local crypto trading platform Gopax. Binance has acquired a majority stake in the Digital Currency Gro...
Binance Returns to Korean Crypto Market — Invests in Troubled Exchange Gopax – Exchanges Bitcoin News
Binance has returned to the South Korean cryptocurrency market after two years with a “meaningful” investment in a local, licensed crypto exchange. Gopax fell into trouble following the collapse of cr...
Binance Re-enters South Korea After Acquiring Crypto Exchange GOPAX
11 seconds ago | 2 mins read Exchange News Binance is making a comeback to the country’s crypto market after an absence of 2 years. The largest exchange still sees South Korea as a promising market. B...
Binance re-enters South Korea acquiring Gopax crypto exchange
Binance, the largest provider of digital asset trading platforms, has bought a majority share in the ailing South Korean crypto exchange Gopax, entering a sector it left two years ago. Large stake agr...
Binance Re-enters South Korea Through GOPAX Deal, What Next?
In December, 2020 the lead crypto exchange, Binance had announced that the firm will no longer be offering products and services in South Korea. The major reason for its termination was low transactio...
Binance Acquires GOPAX To Officially Re-Enter South Korea
Crypto exchange Binance has acquired a majority stake in South Korea’s crypto exchange GOPAX. The funding for the acquisition came from Binance-led “Industry Recovery Initiative.” It marks the re-entr...
Binance Reopens In South Korea’s Crypto Market Via Stake In GOPAX Exchange
The world’s largest cryptocurrency exchange, Binance, has always been used to making it to the headline most times for its new acquisition. Today’s news is no different as Binance is set to return to ...
Gopax investors could face $471M loss if Binance acquisition fails
South Korean exchange Gopax needs to repay customers roughly $471 million in deposits locked up in Genesis Trading — which could be lost if Binance acquisition falls through. Binance reportedly comple...
Binance is Back in South Korea With Latest Acquisition: Report
Crypto exchange giant Binance is once again making moves in South Korea, as it is reportedly acquiring a major stake in local exchange GOPAX. According to Korean crypto news website Decenter, the larg...
Binance Eyes South Korean Market Via Acquisition of Gopax Exchange
Exchange News The purchase announcement was originally scheduled for Christmas but was postponed. Binance left South Korea in January 2021. On Monday, Binance, the biggest cryptocurrency exchange in t...
Binance to acquire Korean top crypto exchange Gopax
Binance, the world’s largest crypto exchange, has had its eye on the Korean markets for a while. A deal with Gopax is the breakthrough that the leading exchange was anticipating. Gopax is one of the t...
Binance reportedly finalizing acquisition Korean crypto exchange Gopax
Binance is reportedly taking the final steps in acquiring Korea-based crypto exchange Gopax. Binance is completing due diligence (DD) on the acquisition and finalizing the process, according to Decent...
Binance to acquire the fifth-largest South Korean exchange Gopax
Binance is considering buying the fifth-largest virtual asset platform in South Korea, Gopax. The company has reportedly completed its due diligence and is ready to take the final steps. According to ...