Specializing in online video games, the South Korean company Nexon in talks to buy the oldest bitcoin exchange Bitstamp-based in 2011. Reported by Business Insider, citing informed sources.

According to the publication, the transaction amount can be up to $350 million in addition, according to sources, Bitstamp is negotiating with another unnamed buyer.

Bitstamp takes the 13th place among cryptocurrency exchanges by daily trading volumes and has 3 million registered accounts. It is also worth noting that this platform is only licensed in Europe.

Representatives of both organizations refused to confirm or deny the fact of negotiations, however, Bitstamp has advised the media to follow closely all official statements regarding this issue.

We will remind, earlier cryptocurrency startup Circle purchased the exchange Poloniex reportedly for $400 million.