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, Seoul
Employees: 201-500
Total raised: $3.4M
Founded date: 2013
Investors 7
| Date | Name | Website |
| - | BAM Ventur... | bam.vc |
| - | Hedera Eco... | hbarfounda... |
| - | Korea Inve... | partners.k... |
| - | Tekton Ven... | tektonvent... |
| - | Pantera | panteracap... |
| 10.11.2023 | Graphite V... | graphitevc... |
| - | Blackbox | blackbox.o... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 25.08.2014 | Series A | $3M | - |
| 20.01.2014 | - | $400K | - |
Mentions in press and media 23
| Date | Title | Description | Source |
| 22.01.2023 | Что ожидаем от биткоина в 2023 году? Внедрение Bitcoin и рег... | Продолжаем обзор всех важных событий денежно-кредитной политики. Дополнительная информация на нашем ... | vc.ru/cryp... |
| 29.11.2021 | SK Square Invests $75M in Korean Exchange Korbit, Becomes Se... | SK Square, a new subsidiary of the South Korean conglomerate, SK Group, has reportedly invested 90 b... | coinfomani... |
| 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 roun... | betakit.co... |
| 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 ha... | fintechnew... |
| 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 ... | fintechnew... |
| 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 hea... | fintechnew... |
| 18.04.2018 | Top 10 Korean Cryptocurrency Exchanges | Koreans are more interested in cryptocurrencies than any other country. This is in spite of the Kore... | fintechnew... |
| 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... | fortune.co... |
| 28.09.2017 | Confirmed: Korean crypto exchange Korbit sold to Nexon paren... | The parent company of games giant Nexon has confirmed that it acquired Korea’s second largest crypto... | techcrunch... |
| 07.12.2016 | Circle removes ability to buy and sell Bitcoin as it doubles... | Launched in 2013, Circle is a consumer finance company originally built with the goal of using the B... | techcrunch... |
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