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AliExchange Acquired For $2.9B By Cryptocurrency Payments Firm FoPay

Ramsey Baker

Summary: FoPay, the Cryptocurrency payment service provider, acquired AliExchange, the Estonian cryptocurrency exchange, for around $2.9 billion. According to a press release published by FoPay on Dec. 15, FoPay bought the company for 1 million FOIN tokens, which around the time of the press release were valued at $2,955 per coin. By Ramsey Baker

FoPay, the Cryptocurrency payment service provider, acquired AliExchange, the Estonian cryptocurrency exchange, for around $2.9 billion.

According to a press release published by FoPay on Dec. 15, FoPay bought the company for 1 million FOIN tokens, which around the time of the press release were valued at $2,955 per coin.

By Ramsey Baker

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Link: AliExchange Acquired For $2.9B By Cryptocurrency Payments Firm FoPay   [Copy]
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