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Auto-invest on a regular basis
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Pledge one crypto to borrow another
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Stake ETH and earn 6% APR
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Use USDT/USDC to mint GUSD for treasury-level yields
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- 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Bitplanet completes the acquisition of 50 million USD SGA Co., Ltd.
Bitplanet, the first Bitcoin custody company in South Korea, has just completed the acquisition of SGA Co., Ltd. worth 50 million USD, including 62% of the shares, while also finishing the management transfer process and rebranding.
The deal involves a consortium of investors including Sora Ventures, Parafi Capital, and KCGI, along with an additional investment of 10 million USD from UTXO Management and Kingsway Capital.
Bitplanet aims to become one of the top 10 organizations holding Bitcoin in the world and to turn South Korea into an important hub in the international Bitcoin ecosystem.