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Venture capital fund V Ventures acquires Zipmex exchange for $100 million

2022-12-03 11:50:29

ChainCatcher news, venture capital fund V Ventures has reached an acquisition agreement with the cryptocurrency exchange Zipmex. According to informed sources, the fund is acquiring 90% of Zipmex's shares for approximately $100 million in digital assets and cash, which includes $30 million in cash, with the remainder in cryptocurrency; Zipmex plans to use the cryptocurrency assets received from the transaction to unlock frozen customer accounts by April 2023. (Cointelegraph)

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