Busan Digital Asset Exchange plans to expand its digital financial infrastructure by acquiring Flybit
By: rootdata|2026/05/28 13:42:00
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Busan Digital Asset Exchange stated that its largest shareholder's holding company WeHub has signed a share acquisition agreement with Flybit, the operator of the Korean Digital Exchange, to promote the expansion of its digital physical asset trading platform Bdan into a virtual asset trading platform.
According to the disclosure, WeHub and its largest shareholder Yang Jae-seok plan to acquire 40% and 25% shares of the Korean Digital Exchange, respectively, and will seek to obtain a controlling position through capital increase in the future. Busan Digital Asset Exchange said that this move will strengthen its competitiveness as a Korean won trading and virtual asset service provider based on internal control and anti-money laundering mechanisms.
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