Founded in 2013 and initially backed by leading investors such as SoftBank, Pantera, Tim Draper and DCG, Korbit is the Korea’s first crypto exchange. In partnership with Shinhan Bank, the nation’s largest bank, Korbit is one of the Big Four exchanges offering KRW on/off-ramp in the regulatory-compliant way. Following the NXC’s acquisition in 2017, Korbit is part of the NXC company whose affiliates include Nexon (TYO:3659), a multi-billion-dollar gaming company listed in Tokyo Stock Exchange. We envision a world in which traditional assets and new forms of assets will be digitized and managed through blockchains. Our mission is to empower all to participate in the new economy backed by blockchain technology. Korbit is currently located in the center of Gangnam, Seoul.
Location: South Korea
Employees: 201-500
Total raised: $3.4M
Founded date: 2013
Investors 7
Funding Rounds 2
| Date | Series | Amount | Investors |
| 25.08.2014 | Series A | $3M | - |
| 20.01.2014 | - | $400K | - |
Mentions in press and media 24
| Date | Title | Description |
| 29.12.2025 | Mirae Asset announces plans to acquire Korean crypto exchange Korbit Send us a News Tip EXTRACT THE SIGNAL FROM THE NOISE Cookies | Seoul-based financial firm Mirae Asset Financial Group is considering buying Korean cryptocurrency exchange Korbit Inc., the Korea Times reported today. The Korean cryptocurrency market is dominated by Upbit and Bithumb, which represent ove... |
| 22.01.2023 | Что ожидаем от биткоина в 2023 году? Внедрение Bitcoin и регулирование в мире | Продолжаем обзор всех важных событий денежно-кредитной политики. Дополнительная информация на нашем YouTube-канале «Дневник честного инвестора» и в Telegram-канале. 0 Обсудить 146 просмотров Ethereum уже под контролем правительства США. Все... |
| 29.11.2021 | SK Square Invests $75M in Korean Exchange Korbit, Becomes Second Largest Shareholder | SK Square, a new subsidiary of the South Korean conglomerate, SK Group, has reportedly invested 90 billion won (about $75.6 million) into Korbit, a South-Korean based cryptocurrency exchange. SK Square’s investment gives it a 35% stake in t... |
| 02.10.2019 | Korbit raises $2.65 million for its AI tutoring platform | Montreal-based Korbit Technologies has announced the close of its $2.65 million seed round. The round was led by Khosla Ventures, a venture firm founded by billionaire Vinod Khosla, who was also an investor in Toronto AI company Deep Genomi... |
| 14.01.2019 | 3 Reasons Why Korea is Shaping up to Be A Blockchain Hub | When talking to South Koreans, the word “blockchain” has become a household buzzword. Most people have heard of it via the mainstream local media, especially when there was a massive fervor around bitcoin and cryptocurrencies towards the en... |
| 08.01.2019 | Where to Buy Cryptocurrencies in South Korea | While the global cryptocurrency fervor has abated throughout the course of 2018 following bitcoin’s parabolic rise in the year prior, investors in South Korea into continue to trade cryptocurrencies via large cryptocurrency exchange gateway... |
| 23.06.2018 | 13 Most Promising Blockchain Startups in Korea | Blockchain is a bit of a divided subject in Korea. With a few national controversies hitting the headlines such the controversial ban on ICOs and two crypto exchange hacks in as many weeks, you’d be forgiven for thinking that this is a vola... |
| 18.04.2018 | Top 10 Korean Cryptocurrency Exchanges | Koreans are more interested in cryptocurrencies than any other country. This is in spite of the Korean government banning ICOs in Korea as well as regulating cryptocurrency exchanges in Korea. Many Koreans are even banking on cryptocurrenci... |
| 28.09.2017 | Term Sheet — Thursday, September 28 | DIAL UP THE DRAMA Good morning, Term Sheet readers! Paid Content You can't secure what you can't see From ExtraHop BITCOIN SOUND OFF: The Wolf of Wall Street has spoken. Jordan Belfort, the former stockbroker who pled guilty to fraud, calle... |
| 28.09.2017 | Confirmed: Korean crypto exchange Korbit sold to Nexon parent for $80M | The parent company of games giant Nexon has confirmed that it acquired Korea’s second largest cryptocurrency exchange, Korbit, in a deal that values it at just over $120 million. A spokesperson from NXC, the corporation that is the largest ... |
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