Following FTX US’s failed bid for bankrupt lender Voyager Digital following its application for Chapter 11 bankruptcy protection, CrossTower made a proposal for the company.
CrossTower President Kristin Boggiano said the company and several of its backers have thought about establishing a rescue venture fund of their own, despite the CEO Kapil Rathi‘s claim that the company has no plans to contribute to Binance’s initiative to create an industry fund.
According to Rathi, the company is in a great place to acquire firms with satisfied clients and a strong balance sheet, but investors are still being cautious.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
Coincu News
Bitfinex data leak allegedly by FSOCIETY includes 2.5TB of exchange data and 400K users' details.…
According to Parsec, Friend Tech v2's launch disappointed many, with 95% users unable to claim…
LayerZero sybil airdrop farmers offered a 15% allocation incentive; non-compliance results in an 85% reduction.
New MakerDAO tokens, NewStable and NewGovToken, were introduced to improve stability and governance.
Grand Cayman, Cayman Islands, May 3rd, 2024, ChainwireProtocol launches, growth trajectory, and industry-leading technology point…
Bitcoin and Ethereum options contracts worth $2.4bn expire on May 3, potentially causing market volatility.…
This website uses cookies.