„Exchange News“- Executives at Hayvn believe FTX Pay is a good fit for the Hayvn Pay system.
- The Hayvn board has authorized a strategy to publicly bid for FTX Pay.
On Friday, Abu Dhabi-based cryptocurrency trading firm Hayvn said that it was contemplating making an offer to acquire FTX’s payments business, FTX Pay. Executives at Hayvn believe FTX Pay is a good fit for the Hayvn Pay system. It has been claimed that FTX, now a defunct cryptocurrency exchange, is looking to sell or restructure its payments business post-filing bankruptcy.
In December 2021, Hayvn received official certification from the Abu Dhabi Global Market to trade digital assets. Moreover, the National stated on November 25 that Crypto trading firm Hayvn was contemplating purchasing FTX’s payments firm FTX Pay because of how well it would integrate with Hayvn Pay’s existing infrastructure.
Waiting For Courts Approval to Proceed
Hayvn’s co-founder and CEO, Christopher Flinos, has remarked that the company’s engagement with FTX Pay is invaluable due to the latter’s connections with major corporations like Mastercard. It also boasts a more competent management team and a supposedly healthy financial position.
Generalinis direktorius teigė:
„Džiaugiamės sužinoję, kad kai kurie FTX verslai turi mokius balansus, atsakingą valdymą ir vertingas franšizes. Esame atviri diskusijai su jų bankininke Perella Weinberg, kai tik jie turės teismo leidimą tęsti.
On 11 November, FTX, Alameda Research, and its affiliates filed for Chapter 11 bankruptcy protection in the United States. Samas Bankmanas-Friedas stepped down as CEO of FTX, and bankruptcy expert John J. Ray III took over to oversee the company’s reorganization.
Furthermore, the Hayvn board has authorized a strategy to publicly bid for FTX Pay notwithstanding the current bankruptcy proceedings. The firm is investing on FTX Pay’s network of partners rather than its technology.
Rekomenduota jums:
Turkijos valdžia įšaldo FTX generalinio direktoriaus SBF turtą vykdydama tyrimą
Source: https://thenewscrypto.com/crypto-trading-firm-hayvn-plans-bidding-for-acquiring-ftx-pay/