Crypto exchange Bullish, which aimed to go public on NYSE, has declined the $9bn merger citing the market conditions and the SEC’s new rules on crypto. The crypto winter has affected business relation...
Tag: 9bn
Circle terminates $9bn merger with Concord
The global financial technology firm Circle and the special purpose acquisition company (SPAC) Concord have mutually agreed to terminate their proposed merger. Circle and Concord’s long-lasting merger...
Against $9bn In Liabilities FTX Holds Less Than $1bn In Liquid Assets
The day before FTX.com filed for bankruptcy, Sam Bankman-primary Fried’s international crypto exchange had just $900 million in liquid assets versus $9 billion in liabilities, according to investment ...