South Korean securities firm Kiwoom Securities is pushing to acquire stake in crypto exchange Bithumb

CoinFeed June 29 news, according to ChosunBiz, South Korean securities firm Kiwoom Securities is pushing to acquire a stake in Bithumb, the second largest virtual asset exchange in South Korea. The two sides are discussing a third-party allocation capital increase method, and the specific shareholding ratio and investment scale are still being coordinated. Major securities firms such as Samsung, Mirae Asset, and Korea Investment & Securities have previously entered the virtual asset exchange sector, and Kiwoom's participation marks another large brokerage joining the competition.