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CoinList to Acquire FTX’s Digital Custody Subsidiary in Cut-Price Deal


The FTX Debtors estate, under the leadership of CEO John Ray III, has initiated the process of selling Digital Custody Inc. (DCI) to CoinList. FTX had previously acquired the subsidiary in two separate transactions, one in December 2021 and the other in August 2022, for a total of $10 million....

Bankruptcy Move: FTX Ventures Cuts Deal with Dave for $100 Million Stake


Source: Sora Shimazaki / Pexels Dave, a fintech firm specializing in financial services through its mobile application, is set to acquire a $100-million convertible promissory note previously issued to FTX Ventures, the venture capital arm of bankrupt crypto exchange FTX.  The deal involves Dave...

Monex Group Secures Majority Stake in Canada-based 3iQ


Source: Pixabay Japan-based Monex Group is set to acquire a majority stake in Canadian crypto asset manager 3iQ. According to a press release published Thursday, 3iQ will collaborate with Coincheck, a Japanese cryptocurrency exchange acquired by Monex Group back in 2018, to bolster the digital...

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