Home » Disney Could Become New Owner of Bitstamp and Korbit Crypto Exchanges

Disney Could Become New Owner of Bitstamp and Korbit Crypto Exchanges

The Walt Disney Company, one of the world's leading producers of entertainment, could become a new owner of two cryptocurrency exchanges – Bitstamp and Korbit.
news - Disney Could Become New Owner of Bitstamp and Korbit Crypto Exchanges

The Walt Disney Company, one of the world’s leading producers of entertainment, could become a new owner of  two cryptocurrency exchanges – Bitstamp and Korbit.

The entertainment giant is in talks to buy a controlling stake in South Korea’s biggest game company Nexon, which owns the exchanges. If the deal goes through, the control of Bitstamp and Korbit could go to Disney.

Back in January, NXC Chairman Kim Jung-ju announced plans to sell 98.6% of NXC shares. Kakao Corp, Tencent, Netmarble Corp, and Electronic Arts Inc were among the potential buyers. Kim, however, seems to be particularly interested in Disney.

As a reminder, in October 2018, NXC acquired a majority ownership stake in Bitstamp through its subsidiary investment firm NXMH. NXC also owns a 65 percent stake in South Korean cryptocurrency exchange Korbit.

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