Crypto.com, a Hong Kong-based crypto company, has acquired the South Korean exchange OK-BIT. The acquisition is said to be the first time that a foreign crypto business has purchased a Korean exchange. Crypto.com announced its latest investment on Monday, Aug. 8. This was also the day that the deal involving 100% acquisition of a stake in OK-BIT Co. has been finalized, according to The Korea Economic Daily. It was reported that as the prices of digital assets and value of crypto exchange platforms are falling around the world, Crypto.com is acting quickly and taking advantage of the...
source: https://tokenpost.com/Cryptocom-buys-South-Koreas-OK-BIT-crypto-exchange-9730
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