L'exchange leader Binance ha recentemente completato la due diligence sull'acquisizione di Gopax, un exchange di criptovalute sudcoreano.

Binance rientrerà nel mercato sudcoreano con l'acquisizione di Gopax

  • Binance ha recentemente completato la due diligence sull'acquisizione di Gopax, un exchange di criptovalute sudcoreano.
  • Gopax fa parte della Digital Asset eXchange Alliance (DAXA) insieme a Upbit, Bithumb, Coinone e Korbit.
  • The exchange is “in the process of final discussions on the value of the stake,” according to a source.
  • “Binance will buy a stake (41.2% stake) from CEO Lee Jun-haeng, the largest shareholder of Gopax,” a report said.

As centralized crypto exchanges continue to witness drying trading volumes, many have decided to lay back on the expansion part and build on what they have. However, the world’s biggest crypto exchange, Binance, has taken advantage of the market conditions worsened by the collapse of multiple crypto firms, and expanded into other global markets. Interestingly, to expand into South Korea, the exchange has reportedly acquired a local exchange.

Secondo a rapporto from a local media outlet, Binance is reportedly close to completing the acquisition of Gopax, a South Korean crypto exchange that is part of the Digital Asset eXchange Alliance (DAXA) along with Upbit, Bithumb, Coinone, and Korbit. Interestingly, this means that the world’s biggest exchange will now also be linked to the DAXA following the acquisition of Gopax.

DAXA è il primo organo consultivo congiunto della Corea del Sud che è stato formato dopo che molti investitori in criptovalute si sono lamentati della mancanza di supervisione e coinvolgimento normativo nell'industria delle criptovalute in Corea del Sud. Inoltre, è anche fondamentale notare che Binance ha completato la due diligence sull'acquisizione di Gopax e l'annuncio ufficiale potrebbe presto seguire.

Citing a source familiar with the matter, the report from a local media outlet confirmed that Binance had planned to break the news in Christmas 2022 but did not do so because the exchange is “in the process of final discussions on the value of the stake.” The report also stated that “Binance will buy a stake (41.2% stake) from CEO Lee Jun-haeng, the largest shareholder of Gopax, but will maintain this representative system for the time being for stable management.”

Binance has been increasingly trying to enter global markets but hasn’t been able to do so because of extreme regulatory pressure and the presence of strict anti-money laundering laws in some regions, including South Korea. However, the leading exchange under the leadership of Changpeng Zhao, also known as CZ in the crypto space, remains undeterred and continues on its path of absolute dominance.

Di recente, Binance ha confermato la sua rientro nel mercato giapponese dopo quattro anni with the acquisition of Sakura Exchange BitCoin, a Japanese crypto exchange service provider, following which it can now enter Japan “as a Japan Financial Services Agency (JFSA) regulated entity.” As per an announcement, the exchange “aims to support a responsible global environment for cryptocurrencies” by offering Japanese-regulated services through SEBC.

On the other hand, the leading exchange also entered the Indonesian market with the acquisition of local crypto exchange Tokocrypto. Binance’s portfolio company CEO, Yudhono Rawis, will serve as interim CEO for the Indonesian exchange.

Tokocrypto’s co-founder and CEO, Pang Xue Kai, will soon resign from his position. Surprisingly, around 58% of the employees of Tokocrypto were fired due to market conditions.

Parte Dubey
Parte Dubey Autore verificato

Un giornalista crittografico con oltre 3 anni di esperienza in DeFi, NFT, metaverse, ecc. Parth ha lavorato con i principali media nel mondo crittografico e finanziario e ha acquisito esperienza e competenza nella cultura crittografica dopo essere sopravvissuto ai mercati ribassisti e rialzisti nel corso degli anni.

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