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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

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