Oct 7, 2020 at 14:40 UTCUpdated Oct 7, 2020 at 15:24 UTC.Financial conglomerate SBI Holdings' market infrastructure subsidiary, SBI Liquidity Market said Wednesday it has acquired the Japanese cryptocurrency exchange TaoTao from the Z Corporation for an undisclosed sum.
TaoTao will become a wholly owned subsidiary of SBILM under the deal's terms.
The pair said they intend to utilize each entity's market assets: TaoTao's existing crypto customer base and SBI's knowledge of the financial landscape.
The acquisition bolsters SBI's crypto trading operations, currently managed by SBI VC Trade Co.Just yesterday, partnership talks between TaoTao and Binance fell through.
Japanese Crypto Exchange TaoTao Agrees to SBI Purchase After Binance Talks End
에 게시 됨 Oct 7, 2020
by Coindesk | 에 게시 됨 Coinage
Coinage
최근 뉴스
모두보기
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.