Crypto exchange Binance said on 8 November that it had signed a letter of intent to acquire rival FTX Trading, which it said was facing a liquidity crunch.
FTX said it agreed to a strategic transaction with Binance, pending due diligence.
Cryptocurrency
Binance says it will buy FTX in crypto mega-deal
Crypto exchange Binance said on 8 November that it had signed a letter of intent to acquire rival FTX Trading, which it said was facing a liquidity crunch.
FTX said it agreed to a strategic transaction with Binance, pending due diligence.