TechFlow News According to Naver, Vidente, a shareholder of Bithumb, stated to the media that reports about its negotiations with Nexon Group to jointly acquire Bithumb Holdings and obtain management rights are groundless.
The company said: "Chairman Lee Jung-hoon recognizes that KPMG has been leading the sale process of Bithumb Holdings, and depending on how the sale progresses, it has not yet been decided whether Vidente will dispose of or further acquire shares in Bithumb Holdings." As of the end of last year's third quarter, Vidente held 10.3% of South Korea's cryptocurrency exchange Bithumb and 34.2% of Bithumb Holdings, the largest shareholder of Bithumb Korea.
Earlier, according to The Korea Economic Daily, South Korean gaming company Nexon planned to collaborate with Bithumb shareholder Vidente to acquire Bithumb for 5 trillion won (approximately $4.6 billion).
