SCOOP: Crypto exchange FTX_Official is eyeing takeovers to grow its empire, including retail-trading platforms, a source said. The talks are running in parallel with an attempt to raise capital. 0x_tracy and ianallison123 report
Cryptocurrency exchange FTX is raising capital in parallel with a potential acquisition, according to a person familiar with the matter.
It’s evaluating several possible takeover candidates, some of which are companies operating retail-trading platforms, the person said. Negotiations are in preliminary stages and if acquisition talks fall through, it’s less likely FTX will raise money, according to the person.it was assigned the last time it raised money early this year if it does a capital raise, the person said.
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