{"id":61790,"date":"2022-05-20T17:38:56","date_gmt":"2022-05-20T14:38:56","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=61790"},"modified":"2025-09-05T14:13:08","modified_gmt":"2025-09-05T11:13:08","slug":"bitcoin-exchange-gopax-raises-23-7-million-in-round-with-dcg-participation","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-exchange-gopax-raises-23-7-million-in-round-with-dcg-participation\/","title":{"rendered":"Bitcoin exchange Gopax raises $23.7 million in round with DCG participation"},"content":{"rendered":"<p>Streamy, the operator of the South Korean cryptocurrency exchange Gopax, announced the close of a Series B financing round worth 30 billion won (about $23.7 million), according to <a href=\\\"https:\/\/www.digitaltoday.co.kr\/news\/articleView.html?idxno=446439\\\">Digital Today<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<p>The funding came from existing investors Digital Currency Group (DCG) and Strong Ventures, as well as new ones. Among the latter are Z Venture Capital, a SoftBank- and Line-backed venture firm, and KB Investment.<\/p>\n<p>\\n\\n<\/p>\n<p>At the close of the round, the company was valued at 350 billion won (about $276 million).<\/p>\n<p>\\n\\n<\/p>\n<p>Streamy plans to use the proceeds to strengthen the exchange&#8217;s team and expand its client base \u2014 \\&#8221;through aggressive marketing\\&#8221;.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\\&#8221;We will do everything possible to modernise the system and strengthen investment stability by recruiting talented professionals with strong competencies to the virtual assets platform team,\\&#8221; said Streamy CEO Lee Jun-han.<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<p>The exchange has signed a deal with Jeonbuk Bank enabling customers to hold real-name bank accounts, in line with regulatory requirements. On 28 April the platform resumed operations after a pause in September 2021.<\/p>\n<p>\\n\\n<\/p>\n<p>According to the exchange&#8217;s site, accounts of foreign users have been closed since then.<\/p>\n<p>\\n\\n<\/p>\n<figure class=\\\"wp-block-image\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/lh6.googleusercontent.com\/EmjE8A0iROz4VOPpqqE9bQJ6VCTfcNGooc1ExQ8H_E-0DRdpqJS7nC4OSeN80XsQONW4O_kMmU49MXAfty_GVddUWdWE-vJIyBdGdvHzTPPoJtpGdWXa3Djf2b7q994DSqwUs7spU3Tz9esAXw\\\" alt=\\\"Bitcoin exchange Gopax raises $23.7 million in round with DCG participation\\\"\/><figcaption>Data: <a href=\\\"https:\/\/www.gopax.com\/\\\">Gopax<\/a>.<\/figcaption><\/figure>\n<p>\\n\\n<\/p>\n<p>Earlier in March the platform <a href=\"https:\/\/u1f987.com\/en\/news\/another-crypto-exchange-blocks-russian-citizens-accounts-amid-sanctions\">announced the blocking<\/a> of accounts belonging to residents of the Russian Federation in response to sanctions by the U.S. Treasury&#8217;s Office of Foreign Assets Control and the EU.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Streamy, the operator of the South Korean cryptocurrency exchange Gopax, announced the closing of a 30-billion-won ($23.7 million) Series B financing round.<\/p>\n","protected":false},"author":1,"featured_media":61791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,974,1133],"class_list":["post-61790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-south-korea","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=61790"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61790\/revisions"}],"predecessor-version":[{"id":61792,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61790\/revisions\/61792"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/61791"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=61790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=61790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=61790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}