# Korbit

**Source:** https://www.startuphub.ai/startups/korbit
**Profile type:** Startup

> South Korean cryptocurrency exchange offering trading, staking, and NFT services.

## About

Korbit is one of the largest cryptocurrency exchanges in South Korea, providing a platform for users to trade various digital assets. It offers features such as spot trading, staking services for earning passive income, and a marketplace for Non-Fungible Tokens (NFTs). Korbit aims to provide a secure and user-friendly environment for both novice and experienced crypto investors.

## Key facts

- **Slug:** korbit
- **Website:** https://www.korbit.co.kr/
- **Location:** Seoul, South Korea
- **Founded:** 2013-11-01
- **Operating status:** Active
- **Total funding:** $122M
- **Sectors / tags:** Crypto Exchange, Digital Assets, Cryptocurrency Trading, NFT Marketplace, Fintech, Web3
- **Social:**
  - Twitter: https://twitter.com/Korbit_exchange
  - Facebook: https://www.facebook.com/Korbit.co.kr

## Frequently asked

### What does Korbit do?

Korbit is one of the largest cryptocurrency exchanges in South Korea, providing a platform for users to trade various digital assets. It offers features such as spot trading, staking services for earning passive income, and a marketplace for Non-Fungible Tokens (NFTs). Korbit aims to provide a secure and user-friendly environment for both novice and experienced crypto investors.

### What is Korbit's revenue?

StartupHub estimates Korbit's annual revenue at $67.0M (range $13.2M to $111.9M, 27% confidence), based on comparable companies in the sector.

### What is Korbit's valuation?

StartupHub estimates Korbit's effective valuation at $474.3M (range $305.8M to $733.8M, 21% confidence), based on comparable companies in the sector.

### How much funding has Korbit raised?

Korbit has raised a total of $122M in funding. The most recent round on record is Acquisition.

### Where is Korbit headquartered?

Korbit is headquartered in Seoul, South Korea.

### When was Korbit founded?

Korbit was founded in 2013.

### What industry does Korbit operate in?

Korbit operates in Crypto Exchange, Digital Assets, Cryptocurrency Trading, NFT Marketplace, Fintech, Web3.

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