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.
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How 코빗 Korbit's international expansion compares to its competitors
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Columns9| Company | Markets | New markets | Momentum | Activity | Expansion score | Operating | Pipeline | Top expansion | Newest entry |
|---|---|---|---|---|---|---|---|---|---|
 코빗 KorbitYou | 0 | 0 | -100% | 1 | 12 | 0 | 2 | 🇩🇪Germany | — |
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MicroStrategy proposes changing STRC preferred stock dividend payments from monthly to twice monthly, offering 11.5% annual returns to support Bitcoin acquisition strategy.
South Korea's top 5 crypto exchanges saw net profits drop 24% to 787 billion won in 2024 due to declining Bitcoin prices and reduced trading volumes.
Bitcoin's maximum drawdown has decreased to 50% from historical 90% levels, indicating market maturation with increased institutional participation and ETF integration providing structural stability.
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