bitFlyer to Acquire FTX Japan Amid Ongoing Bankruptcy Proceedings

In a significant move, bitFlyer, a leading Japanese cryptocurrency exchange, is on the verge of acquiring FTX Japan. This acquisition is aligned with bitFlyer’s strategy to strengthen its market presence amid FTX’s bankruptcy proceedings in the US. According to local media, the deal involves bitFlyer purchasing all shares of FTX Japan for several billion yen,

Source: CoinOtag