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Bankman-Fried’s Alameda Lends $485 Million to Crypto’s Voyager
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Muyao Shen
Crypto exchange giant FTX is expanding its global footprint with a new acquisition in Canada, despite turmoil in the digital-asset market.
The Bahamas-headquartered crypto exchange said in a statement it has entered into an agreement to buy Bitvo, Inc., a Canadian crypto asset trading platform based in Alberta. Terms of the deal were not disclosed. The acquisition is expected to close in the third quarter of 2022.
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