V Ventures to acquire Zipmex exchange for $100 million

Time：2022-12-02 08:08 Source：Internet Copy share

Venture fund V Ventures will acquire troubled cryptocurrency exchange Zipmex.According to Bloomberg, the fund will own 90% of the company. The deal will be worth approximately $100 million. Zipmex will receive $30 million in cash and another $70 million in digital assets. The cryptocurrency assets will be used to unlock the exchange’s frozen customer accounts by April 2023.

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