Crypto.com Acquires Two Trading Platforms From IG Group In $216 Million Deal
Crypto.com has been on a marketing rampage lately and has shown no signs of slowing down. The project had shocked the market when it had acquired Staples Center in a deal that saw the legendary arena change its name to Crypto.com Arena. The wave of marketing has paid off so far given how well its […]
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Announced earlier this week, the two companies said the deal is expected to be finalized immediately, without disclosing the financial terms. BOA Exchange is a crypto exchange that has accumulated a vast user base, offering free alt tokens in airdrops and staking coins. The deal further expands the reach of Bitcoin.com exchange into the underserved Eastern European and Southern Asia marketplaces. BOA Exchange came onto the scene in 2018 during the height of the ICO craze making a name for itself in the altcoin and airdrop marketplace, offering cheap listings and a plethora of free tokens....
Terms of the deal were not disclosed.
SBI now has two licensed crypto trading platforms in Japan. Japan's largest on-line financial conglomerate, SBI Holdings, now owns two licensed cryptocurrency trading platforms with its new acquisition of TaoTao exchange.According to an official announcement on Oct. 7, SBI’s foreign exchange and derivatives arm SBI Liquidity Market has acquired all shares of TaoTao, making it a wholly-owned subsidiary of the company. Formerly 40% owned by internet giant Yahoo! Japan’s YJFX, TaoTao launched its crypto trading service in May 2019.With the new acquisition, SBI now has two crypto trading....
As a part of the deal to comply with Japanese laws, FTX's Japanese users will be moved Quoine's trading platform. American billionaire and CEO of crypto exchange FTX Sam Bankman-Fried announced that his company acquired Japanese crypto firm Liquid Group and its subsidiaries. As a part of the deal, FTX will acquire Quoine Corporation, a Financial Services Agency (FSA)-approved crypto exchange. As Cointelegraph previously reported, Quoine acquired a Type I Financial Instruments Business license under the Financial Instruments and Exchange Act from the Japanese regulatory authorities.FTX is....
The deal terms were not publicly disclosed, but according to sources, it’s worth $175 million over 10 years. Ultimate Fighting Championship, a major global mixed martial arts organization, continues its deep dive into the cryptocurrency industry by announcing a sponsorship deal with a cryptocurrency exchange.UFC announced Wednesday that it agreed to a fight-kit partnership with Crypto.com, one of the world’s largest crypto trading platforms by trading volumes, CNBC reported.According to CNBC, the sponsorship is worth $175 million and will last over 10 years.As part of the agreement,....