Crypto exchange Bybit is reportedly in talks to acquire Korbit, South Korea's fourth-largest cryptocurrency exchange. According to sources, Bybit has initiated discussions with Korbit's management to explore the acquisition process. Korbit is currently owned 60.5% by NXC, the parent company of Nexon, and 31.5% by SK Planet. Bybit is considering starting the acquisition by purchasing SK Planet's stake before moving towards full ownership.