GOPAX Overview
GOPAX (Global Online Professional Asset eXchange) is a South Korean cryptocurrency exchange that was launched by Streami Inc., a blockchain services company, in November 2017. It is one of the five major exchanges in South Korea (UPbit, Bithumb, Coinone, Korbit, GOPAX).
In December 2017, GOPAX formed a partnership with Stellar and in May 2018, GOPAX announced a formal partnership with the blockchain-based social networking website Steemit.
GOPAX obtained two certifications regarding information system security: ISO/IEC 27001 in July 2018 and K-ISMS certification from the Korea Internet & Security Agency in October of the same year. It was the first crypto exchange in the world to obtain ISO/IEC 27001 certification, and the first Korean exchange to receive K-ISMS certification.
According to a January 2, 2023 article of Decenter, Binance has recently completed due diligence on the acquisition of GOPAX. Binance will buy a stake (41.2% stake) from CEO Lee Jun-haeng, the largest shareholder of GOPAX, but will maintain this representative system for the time being for stable management. Binance and GOPAX have not yet given an official statement regarding this acquisition.