Founded in 2013, Korbit was the first cryptocurrency exchange established in South Korea. The company provides a secure and user-friendly platform for individuals and institutions to buy, sell, and store a variety of cryptocurrencies, including Bitcoin and Ethereum. In 2017, Korbit was acquired by NXC, the parent company of the global gaming giant Nexon. Beyond its core exchange services, Korbit has expanded to offer an NFT marketplace, institutional-grade digital asset custody, and a research center dedicated to the blockchain and crypto industry.