HomeBlockchainBithumb, BK Global Consortium buys 38% of the shares

Bithumb, BK Global Consortium buys 38% of the shares

Bithumb is one of South Korea’s largest exchanges in terms of volume.

BK Global Consortium is a blockchain investment fund of BK Global, a plastic surgery company.

BTC Holdings Company, which previously held 76% of the shares in Bithumb, agreed to sell 51% of the shares to the BK Group.

The report says that the acquisition was valued at approximately $880 million.

Kim Byung Gun, Chairman of BK Group, is also a crypto investor who launched an ICO consulting firm last August.

Amelia Tomasicchio
Amelia Tomasicchiohttps://cryptonomist.ch
As expert in digital marketing, Amelia began working in the fintech sector in 2014 after writing her thesis on Bitcoin technology. Previously author for several international crypto-related magazines and CMO at Eidoo. She is now the co-founder and editor-in-chief of The Cryptonomist, and also PR manager for the Italian market at Bitget. She is also a marketing teacher at Digital Coach in Milan and she published a book about NFTs for the Italian publishing house Mondadori, while she is also helping artists and company to entering in the sector. As advisor, Amelia is also involved in metaverse-related project such as The Nemesis and OVER.
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