Kiwoom Securities eyes stake in South Korean crypto exchange Bithumb

SBI will acquire bitbank for ¥46.7B through a multi-stage transaction ending in October 2026. Combined platform will manage ¥1.1T in customer assets across nearly 2.92 million accounts. SBI plans to expand stablecoins and on-chain finance after completing the bitbank acquisition. SBI Holdings has approved a definitive agreement to acquire cryptocurrency exchange bitbank for approximately ¥46.7 […] The post SBI Holdings Takes Full Control of Bitbank in ¥46.7B Acquisition appeared first on Live Bitcoin News.

South Korea’s biggest cryptocurrency exchange platform, Upbit, will add the Gensyn (AI) listing with KRW, BTC, and USDT trading pairs starting June 30 at 16:00 KST. This listing presents the decentralized artificial intelligence program to one of the biggest Asian digital asset exchanges. The listing comes approximately two months after

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South Korea’s Kiwoom Securities is reportedly in early negotiations to buy a stake in Bithumb through a private placement of new shares, adding a major brokerage to the list of traditional financial (TradFi) firms moving into domestic crypto infrastructure. Chosunbiz first reported the discussions on Monday. Under the proposed structure, Bithumb would issue fresh shares […]

Insider Brief WIRobotics has released the simulation model for its ALLEX humanoid robot, launching what the South Korean company says will be an ongoing effort to make key technologies from its physical AI program available to researchers and developers. “In humanoid robot development, simulation models are a core infrastructure that serves as the foundation for […]

Kiwoom discusses a Bithumb stake as finance and crypto partnerships accelerate. Bithumb’s IPO plans gain attention as stake talks continue with Kiwoom Securities. New crypto ownership rules could reshape Bithumb’s governance and shareholder structure. Kiwoom Securities is negotiating to acquire a stake in South Korean cryptocurrency exchange Bithumb, highlighting stronger cooperation between traditional finance and […] The post Kiwoom Securities Eyes Bithumb Stake as Crypto Alliances Heat Up appeared first on Live Bitcoin News.

Kiwoom Securities is reportedly seeking to acquire a stake in crypto exchange Bithumb, as more brokerage firms race to secure a stake in the industry ahead of the FSC’s new regulatory reforms in July.

As Kiwoom Securities considers investing in Bithumb, the nation’s second-largest cryptocurrency exchange, South Korea’s financial and digital asset industries may be getting closer. The magnitude of the investment and the stock stake are still being negotiated. The two companies are reportedly in talks over a third-party allocation of recently issued