Express

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

Last Update:

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

Related Articles

  • The Road to 2026: Where Is the Web3 Ecosystem Heading Next? 14 days ago
  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... 29 days ago
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program November 17, 2025
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift October 30, 2025
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING October 29, 2025

    • You need to login to comment.