TechFlow news — Vident, the largest shareholder of Bithumb, confirmed it is in discussions with FTX regarding the potential acquisition of Bithumb. "All possibilities are being discussed, including a sale, exercising preemptive rights to acquire shares, or joint operations. We may disclose further details within a month." Vident holds a 10.23% stake in Bithumb Korea and a 34.22% stake in Bithumb Holdings, the controlling entity of Bithumb Korea. On July 23, Bloomberg reported, citing sources, that cryptocurrency exchange FTX was in talks over acquiring South Korean crypto exchange Bithumb. A Bithumb spokesperson said, 'We cannot confirm anything at this stage.' An FTX spokesperson declined to comment.Original link
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