A South Korean gaming company Nexon is said to be close to finalizing a deal to buy Bitstamp, the world's oldest surviving bitcoin exchange, Business Insider quotes sources with knowledge of the deal as saying.
According to the report, the price being discussed is about $350 million. A spokesperson for Nexon Japan neither confirmed nor denied the facts.
A representative for Bitstamp said: "I am not in the position to comment on the matter. We kindly ask you to keep an eye out for any official statement from our side on the topic of your inquiry."
Founded in 2011, the Luxembourg-headquartered Bitstamp is the world's 13th biggest exchange. It has 3 million registered accounts and 500,000 active trading accounts.
By Jade Olafson