Crypto exchange CrossTower is considering making acquisitions of firms besides crypto lending platform Voyager Digital.
Crypto exchange CrossTower is considering making acquisitions of crypto firms in addition to its bid for bankrupt lender Voyager Digital.Crypto exchange CrossTower is considering making further acquisitions beyond its bid for crypto lending platform Voyager Digital, its chief executiveKapil Rathi told Bloomberg the company is"in a great place" to acquire companies that have good customers and a good balance sheet, adding the company's investors remained"cautious.
Although Rathi said the company had no plans to contribute to Binance's effort to create an industry fund, CrossTower President Kristin Boggiano said the firm and several of its backers have considered setting up a rescue venture fund of their own.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here's How Grayscale Pushed Bitcoin's Price to $69,000: Peter Schiff.PeterSchiff says Grayscale was 'one of the main reasons' behind Bitcoin rally to almost $70,000, and here's why
Read more »
Binance CEO Seeking Funds From Middle East Investors for Crypto Recovery Fund: Bloomberg.cz_binance has been meeting with investors in Abu Dhabi seeking cash for Binance's crypto recovery fund, according to Bloomberg. By JamieCrawleyCD
Read more »
Bloomberg Analyst Explains Key Difference Between Current Crypto Crisis and Mortgage Meltdown of 2008Mortgage market helped people to get homes, while cryptocurrency market remains mostly useless, according to Joe Weisenthal
Read more »
Building on Nine Years of TrustThis latest crypto winter has brought more uncertainty about the future of crypto than ever before. Following the historic collapse of Terra/Luna, market conditions have put pressure on the entire industry as a whole. The aftermath of the event resulted in Celsius Network, Voyager Digital, BlockFi and other major CeFi institutions facing solvency issues and suspending user withdrawals.
Read more »
Crypto Lender Genesis Fights For Its Life | CoinMarketCapIf crypto lender Genesis can't find $1 billion soon, it may be forced into bankruptcy — becoming the latest victim of the FTX exchange's implosion earlier this month.
Read more »
Crypto prices pares initial gains after Fed minutes show a slow down 'soon'Crypto markets reacted positively to the latest Fed meeting minutes, all eyes now turn to the Dec. 14 meeting.
Read more »