Morgan Stanley, a major US investment bank, is in talks to buy a stake in Bithumb, South Korea’s top cryptocurrency exchange. The information has been reported by Korean media until now.
Morgan Stanley wants to buy cryptocurrency exchange Bithumb
The info was provided by Naver, mentioning its confidential source in Bithumb.
Something might be up. Currently, in September 2020, accounting company Samjong KPMG, a Bithumb M&An advisor, validated to Cryptonews.com that the stock exchange is certainly for sale. The rate can make an impression. It is recommended that the quantities are in between $ 430 and $ 602 million.
Presently, Cryptonews.com has actually called both Morgan Stanley and Bithumb to talk about the above-described matter. Far, both entities have actually not reacted to the website’s email.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.