Binance is close to acquiring the Korean Crypto Exchange Gopax: Reports
- Binance is reportedly finalising its takeover of GOPAX, one of Korea’s largest crypto exchanges.
- Binance did its investigation and is checking other processes to finalise the takeover, the report claimed by blockchain media platform Decenter.
- Binance will purchase GOPAX CEO Lee Jun-41.2% Haeng’s share of the company.
- Decenter warns that Gopax, which expanded its domestic operations in 2022, is facing a financial issue after FTX’s bankruptcy.