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Crypto exchange Bithumb has collaborated with a U.S. fintech firm SeriesOne to seek investments for a new security token exchange in America, The Korea Herald reports.

One of the Bithumb officials said:

“SeriesOne actively sought to strike a deal with Bithumb after assessing it as the most suitable partner.”

It's reported that SeriesOne is about to establish an exchange “during the first half of next year.”

Bithumb is one of the largest crypto exchanges in South Korea that suspended all transactions of assets after reporting a cyber attack on June 20. As a result of the attack, $31 million (35 billion won) in cryptos was stolen from the platform.

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