{"id":207991,"date":"2021-03-22T15:52:28","date_gmt":"2021-03-22T12:52:28","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/south-korean-internet-giant-naver-reportedly-joins-bithumb-stake-race\/"},"modified":"2021-03-22T15:52:28","modified_gmt":"2021-03-22T12:52:28","slug":"south-korean-internet-giant-naver-reportedly-joins-bithumb-stake-race","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/south-korean-internet-giant-naver-reportedly-joins-bithumb-stake-race\/","title":{"rendered":"# South Korean internet giant Naver reportedly joins Bithumb stake race"},"content":{"rendered":"<p>&#8220;<strong># South Korean internet giant Naver reportedly joins Bithumb stake race <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvNTRlYzcyOTktMDk5Ny00YzI4LWEzZDctYmEyMWU2YTA4MjUxLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Major South Korean internet company Naver has reportedly begun negotiations to acquire a stake in the country\u2019s largest cryptocurrency exchange, Bithumb.<\/p>\n<p>Naver has discussed a potential equity stake acquisition with major Bithumb stakeholder Vidente, local publication the Maeil Business <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a>paper <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.mk.co.kr\/news\/english\/view\/2021\/03\/269812\/\">reported<\/a>\u00a0Monday, citing several unnamed sources.<\/p>\n<p>Naver is the provider of South Korea\u2019s largest search engine and Line messenger, and is reportedly seeking to expand its platform\u2019s presence in the country\u2019s fintech market. The internet giant is reportedly planning to add Bitcoin (BTC) as a payment option on its payment services Naver Pay as well as Line Pay in Japan and the United States.<\/p>\n<p>As reported, there are at least 10 firms seeking a stake in Bithumb including major U.S. investment banks like Morgan Stanley and JPMorgan, payment giant Visa, as well as the world\u2019s largest crypto exchange, Binance. According to a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/www.koreatimes.co.kr\/www\/biz\/2021\/03\/602_305900.html\">report<\/a> by The Korea Times, Deutsche Bank is also among potential investors.<\/p>\n<p>Bithumb has been the subject of multiple reports and rumors regarding a potential acquisition deal over the past several years. The South Korean crypto giant has reportedly been\u00a0negotiating the sale with foreign companies since at least 2019, following alleged difficulties with payments in Bithumb\u2019s previous acquisition deals. Gaming conglomerate Nexon denied reports that it was acquiring\u00a0a stake in the exchange.<\/p>\n<p>Naver did not im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely respond to Cointelegraph\u2019s request for comment.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/south-korean-internet-giant-naver-reportedly-joins-bithumb-stake-race\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# South Korean internet giant Naver reportedly joins Bithumb stake race &#8221; Major South Korean internet company Naver has reportedly begun negotiations to acquire a stake in the country\u2019s largest cryptocurrency exchange, Bithumb. Naver has discussed a potential equity stake acquisition with major Bithumb stakeholder Vidente, local publication the Maeil Business Newspaper reported\u00a0Monday, citing several&#8230;<\/p>\n","protected":false},"author":1,"featured_media":207992,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvNTRlYzcyOTktMDk5Ny00YzI4LWEzZDctYmEyMWU2YTA4MjUxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75014,74862,75610,74863,74860,75802,77456,117,48,73986,72420],"class_list":["post-207991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-binance","tag-bitcoin","tag-bithumb","tag-cryptocurrencies","tag-cryptocurrency-exchange","tag-jpmorgan","tag-visa","tag-business","tag-internet","tag-morgan-stanley","tag-south-korea"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/207991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=207991"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/207991\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/207992"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=207991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=207991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=207991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}