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Cryptocurrency exchange Bitstamp acquired by Belgium investment firm


Luxembourg-based cryptocurrency exchange desk Bitstamp has been acquired by NXMH, a Brussels-based investment firm owned by the South Korean conglomerate Nexon Holdings (NXC), the company announced today. The terms of the deal, which was signed on October 25, have not been revealed. NXHM now holds eighty percent stake in Bitstamp, while the exchange desk’s founder Nejc Kodric retains ten percent of the ownership and will continue to serve as the company’s CEO. NXHM was one of the four firms to show interest in acquiring Bitstamp in 2017. According to Fortune, the deal was purportedly finalized in December last year, but couldn’t be…

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