South Korea's first bitcoin ATM is locally built and enables users to both buy and sell bitcoin.
South Korean startup Coinplug has released three Android apps, including POS software for businesses and a bitcoin wallet.
The bitcoin multi-services company will use the new funds to hire more engineers and expand into new markets.
Korbit will receive $400,000 in funding from Silicon Valley investors, with backing from some big names.
Korean wallet startup Coinplug takes bitcoin for half its $400,000 seed round investment.