FTX absorbed the Liquid bitcoin wood
The FTX cryptoderivati platform has agreed to acquire the Liquid Japanese cryptocurrency exchange and its subsidiaries.
FTX IS Pleased to announce the Acquisition of the Liquid Group of Companies, Including an FSA-ReGistered-SSCTO Exchange to Provide Products and Services to Japan! 🇯🇵 https: // t.CO/RO5TZNWFCU
– SBF (@sbf_ftx) February 2, 2022
The amount of the transaction is not disclosed. Its closure is expected by March 2022.
In 2019, according to the results of the Liquid investrae, they estimated more than $ 1 billion.
The transaction circuit includes Singapore Quoine Corporation and Quoine Pte. The QUOine platform working under the Liquid brand was among the first recipients of Japan’s FSA licenses in 2017.
Quoine integrates FTX products and services into its own platform, and FTX existing customers from Japan will be transferred to Quoine.
Recall that in August 2021, Liquid reported hacking hot wallets.
Later $ 20 million of the stolen $ 97 million (according to Elliptic) in digital assets, the hacker sent to the Tornado Cash mixer. This was preceded by a reaction to https://gagarin.news/news/blockchain-hard-fork-why-split-the-network-into-two-chains/ its actions of centralized exchanges.
A week after the incident, Liquid attracted $ 120 million as a loan from the operator of the FTX cryptoderivat platform.
In October 2021, the FSA license for financial instruments was received by Quoine Corporation.