Two South Koreans Join Billionaire Club After Completing $4.1 Billion Cryptocurrency Deal
Two South Koreans became billionaires after selling their crypto exchange in a $4.1B deal, per Bloomberg.
Bloomberg | After 13 years of managing the largest cryptocurrency exchange platform in South Korea, Song Chi-hyeong and Kim Hyung-nyun have joined the ranks of the world's richest.
Last week, the duo agreed to sell their company to an unspecified financial technology arm in a complete share exchange deal.
Song will exit with 19% of the shares valued at $2.7 billion, while Kim will take 10% worth $1.4 billion, according to the Bloomberg Billionaires Index, which used a valuation of $13.6 billion for the combined entity as revealed in company documents.
Sources & References
Bloomberg
Editorial Note
Edited & Reviewed by the Ecopulse Editorial Board 1/24/2026, 21:55:36 UTC
Disclaimer
The content provided by EcoPulse24 is for informational and educational purposes only and does not constitute financial, investment, legal, tax, or any other type of professional advice. By using this content, you agree to the Terms & Conditions. All opinions expressed are those of the EcoPulse24 editorial team and do not represent the views of any third-party data providers or institutions. Investments involve risk, including the possible loss of principal. Past performance is no guarantee of future results. Readers should conduct their own due diligence and consult qualified professional advisors before making any investment decisions. EcoPulse24 and its affiliates, editors, and contributors shall not be held liable for any errors, omissions, or any losses, injuries, or damages arising from the use of this information.
© 2025 EcoPulse24. All rights reserved.
© 2025 EcoPulse24. All rights reserved.