FTX Acquires Crypto Exchange Liquid Group in Major Expansion
FTX said it expects the acquisition of Liquid to close by March 2022. The deal is subject to regulatory and shareholder approval
FTX said it expects the acquisition of Liquid to close by March 2022. The deal is subject to regulatory and shareholder approval
Under the proposed rules, crypto exchanges would be allowed to list popular, widely traded tokens without the need to undergo a lengthy review process.
The Series C round is the crypto exchange’s third fundraise to occur in the past six months, bringing the total amount raised to $1.8 billion with FTX’s valuation increasing by over 75% in that period
Another motive for the restrictions may be to favor the development of Russia’s proposed central bank digital currency (CBDC), as in China