# Disney in talks to acquire Bitstamp and Korbit owner Nexon: Report By Shampa Mani Canonical URL: https://www.tokenpost.com/news/business/1721 Published: 2019-04-24T07:39:21.000Z Updated: 2019-04-24T07:39:21.000Z Section: Business > Global entertainment giant Disney is in talks to buy a controlling stake in South Korea’s biggest game company Nexon, which owns two cryptocurrency exchanges – Bitstamp and Korbit, the Korea Herald reported April 17. Global entertainment giant Disney is in talks to buy a controlling stake in South Korea’s biggest game company Nexon, which owns two cryptocurrency exchanges – Bitstamp and Korbit, [the Korea Herald]() reported April 17. NXC Chairman Kim Jung-ju has reportedly personally reached out to a high-ranking Disney executive to discuss the acquisition. The report states: “The anticipated price for the stake to go on sale is 15 trillion won ($13.2 billion), with premiums for business management rights on top of the Nexon Japan share price…” Previously, Kim had revealed his [intention to sell]() his and his wife’s 98.64 percent majority stake in Nexon’s holding company [NXC](). Kakao Corp, Tencent, Netmarble Corp, and Electronic Arts Inc were among the potential buyers. Kim, however, seems to be particularly interested in Disney. “What I envy the most about Disney is that they do not force money out of kids ... (consumers) gladly pay Disney. Nexon has a long way to go. Some people hate Nexon to death,” The Korea Herald quoted Kim Jung-ju’s anecdote in Nexon’s foundation story. In October 2018, NXMH, an investment firm owned by NXC, [acquired]() a majority ownership stake in Bitstamp, one of the longest-running cryptocurrency exchanges which recently [received BitLicense]() from the New York Department of Financial Services (NYDFS). NXC also owns a 65 percent stake in South Korean cryptocurrency exchange Korbit. If the deal goes through, the control of Bitstamp and Korbit could go to Disney. ## Links in this article - [the Korea Herald](http://www.koreaherald.com/view.php?ud=20190417000561) - [intention to sell](https://www.reuters.com/article/us-nexon-sale/nexon-founder-to-sell-controlling-stake-in-gaming-companys-holding-firm-korea-economic-daily-idUSKCN1OX010) - [NXC](https://www.nxc.com/) - [acquired](https://www.coindesk.com/bitcoin-exchange-bitstamp-confirms-sale-to-gaming-group-nxc) - [received BitLicense](https://www.tokenpost.com/NYDFS-grants-nineteenth-BitLicense-to-US-subsidiary-of-Bitstamp-cryptocurrency-exchange-1631)