Cryptocurrency News

FTX plans to acquire crypto exchange Bitvo as part of move into Canadian market

06/17/2022

Less than a minute

2022.06.17 20:00

FTX plans to acquire crypto exchange Bitvo as part of move into Canadian market

Cryptocurrency derivatives exchange FTX has entered into an agreement to purchase Canadian crypto platform Bitvo.

In a Friday announcement, FTX Trading Limited said it planned to acquire Bitvo as part of the crypto exchange’s effort to offer its products and services to Canadia-based users. The company added that the deal was “subject to regulatory approval and customary closing conditions,” but expected to close in the third quarter of 2022.

06/17/2022

Less than a minute

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