Morgan Stanley rumored to be eyeing stake in top Korean exchange Bithumb

Morgan Stanley rumored to be eyeing stake in top Korean exchange Bithumb

Korean media has reported that Morgan Stanley is in talks with Bident — who owns a 10% of Bithumb Korea. According to Korean media, U.S.-based multinational investment banking giant Morgan Stanley is rumored to be negotiating the acquisition of a significant share in leading Korean cryptocurrency exchange, Bithumb.The news was reported on March 18 by Aju News, with Bithumb reportedly in discussions with major Bithumb shareholder, Bident — who owns a roughly 10% stake in Bithumb Korea.A March 19 article from leading local search engine Naver states that Morgan Stanley is planning to invest....


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