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Alert 🚨 🚨 🚨 🚨 About $37 Million!
Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition.
Gopax, a prominent South Korean cryptocurrency exchange backed by Binance, disclosed a net loss of 51.3 billion Korean won ($37 million) for the fiscal year 2023, as reported in the year-end financial statement released by its parent company, Streamy.
This figure is an improvement compared to the net loss of 90.6 billion won in 2022. Gopax’s revenue grew 97% year over year amid recovering market sentiment.