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TechFlow reports that Ganesh Swami, co-founder of blockchain data query and indexing platform Covalent, announced that Covalent has acquired all CQT tokens held by the FTX bankruptcy estate. A private buyer had purchased these assets a month ago and has since been selling them on the open market, which negatively impacted CQT. Last week, Covalent finally contacted this buyer and completed a private transaction for the remaining entire CQT holdings.
Covalent, a blockchain data querying and indexing platform, co-founder Ganesh Swami stated in a post that Covalent has acquired all CQT tokens held by the FTX bankruptcy estate. A private buyer had purchased these assets one month ago and had been selling them on the public market, which negatively impacted CQT. Last week, Covalent finally contacted this buyer and completed a private transaction for all remaining CQT tokens.
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