Express

Forbes: Binance Recently Gave Up Its Stake In FTX

Mary Liu

Summary: As an early investor and strategic partner of FTX, Binance CEO Changpeng Zhao told Forbes that Binance has given up its stake in FTX.  In December 2019, Binance announced that it had made a strategic investment in the digital asset derivatives trading platform FTX. In addition to its equity investment in FTX, Binance also holds FTX ...

As an early investor and strategic partner of FTX, Binance CEO Changpeng Zhao told Forbes that Binance has given up its stake in FTX. 

In December 2019, Binance announced that it had made a strategic investment in the digital asset derivatives trading platform FTX. In addition to its equity investment in FTX, Binance also holds FTX tokens (FTT) for a long time to help the sustainable development of the FTX ecosystem. 

By Mary Liu

Last Update:

Tags: ,
Link: Forbes: Binance Recently Gave Up Its Stake In FTX   [Copy]
Next:

Related Articles

  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 9 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 10 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 12 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 12 days ago
  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 15 days ago

    • You need to login to comment.