Flybit Project Introduction, Team, Financing and News

Fundraising

WWeHub

Round	Amount	Valuation	Date	Source	Investor
M&A	--	--	May 28		WWeHub

Related News

May 28, 2026

WeHub, the holding company of the largest shareholder of Busan Digital Asset Exchange, will acquire the cryptocurrency exchange Flybit

May 21, 2026

FocusAI is in talks to acquire South Korean cryptocurrency exchange Flybit.

Details

Flybit is a centralized cryptocurrency exchange headquartered in Seoul, South Korea, specializing in spot trading of virtual assets. The platform supports deposits and withdrawals of Korean Won (KRW) and major cryptocurrencies (such as BTC, ETH, XRP, USDT), offering both crypto-to-crypto and fiat trading pairs. Its core mechanisms include an order matching engine, digital asset custody, and an anti-money laundering (AML) system, and it has obtained the Korean Information Security Management System (ISMS-P) certification. The platform applies a fixed fee structure with a spot trading fee of 0.1%. Flybit also provides web and mobile applications for asset management and market viewing. The exchange emphasizes regulatory compliance and has completed its Virtual Asset Service Provider (VASP) declaration under South Korea's Specific Financial Transaction Information Act.

Tags:

CeFi

CEX

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