Bitstamp Reportedly Up For Sale to South Korean Gaming Firm – Bitcoinist.com

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Bitstamp — a preferred Luxembourg-based bitcoin change and the oldest bitcoin change nonetheless standing — is outwardly near finalizing a deal for the sale of the corporate to a South Korean gaming firm.


A Main Acquisition

The knowledge comes from three unnamed people with insider information of the matter, two of which knowledgeable Enterprise Insider that Nexon is the possible purchaser. The people additionally claimed the 2 firms are within the means of solidifying the deal, which is allegedly value roughly $350 million. Unsurprisingly, not one of the people leaking the knowledge agreed to be named.

Although the deal is believed to be nearing completion, it may nonetheless fall by — assuming it’s true within the first place, in fact. Two of the nameless people informed Enterprise Insider that Bitstamp had already been in negotiations with a least one different firm previous to Nexon, however they failed to offer additional particulars.

Each firms understandably uncared for to offer any clarification. A spokesperson for Nexon Japan informed Enterprise Insider:

We will neither affirm nor deny the info about your inquiry.

Likewise, a spokesperson for Bitstamp informed the outlet:

I’m not within the place to touch upon the matter. We kindly ask you to maintain an eye fixed out for any official assertion from our facet on the subject of your inquiry.

Statements resembling these, although they neither affirm nor deny the rumors, typically sound like negotiations between the 2 firms are underway. Nonetheless, that’s unconfirmed hypothesis at this cut-off date.