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Uruguayan payment giant DLocal disclosed its exposure to FTX as $5.6 million

2022-11-18 08:49:13
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ChainCatcher news, according to The Block, Uruguayan payment giant DLocal reported in its third-quarter earnings report that its exposure to FTX is $5.6 million.

The company stated: "We do not have any partnerships with other cryptocurrency exchanges, and our exposure to the cryptocurrency ecosystem is minimal, as in the third quarter of 2022, payments processed for cryptocurrency exchanges accounted for less than 0.3% of our TPV (Total Payment Volume)." (source link)

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