Korbit to borrow $18.3M in crypto from NXC

Crypto exchange Korbit will borrow approximately 24 billion won ($18.3 million) in virtual assets from NXC, Dailian reported. According to a filing with South Korea's Financial Supervisory Service's Electronic Disclosure System (DART) on March 10, Korbit signed an internal transaction agreement with NXC on March 4. The loan marks the third such transaction between the two companies since 2024.