Binance is close to acquiring the Korean Crypto Exchange Gopax: Reports - Blockscroll

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Binance is close to acquiring the Korean Crypto Exchange Gopax: Reports

Akansha Gupta
January 2, 2023
Crypto, News
0 Comments

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.

https://twitter.com/LayahHeilpern/status/1609908145593122816

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