Summary
- Smart Valor is reportedly considering selling the company.
- The acquisition process is led by investment bank Imperii Partners.
- The acquisition bids are expected to be submitted by the 24th.
On the 21st (local time), cryptocurrency-focused media outlet CoinDesk reported, citing sources, that the Swiss-based cryptocurrency exchange Smart Valor is considering selling part or all of its business.
The acquisition process is being led by investment bank Imperii Partners, with potential buyers reportedly including major exchanges, asset management firms, and retail brokerages.
Meanwhile, the acquisition bids are expected to be submitted by the 24th (local time).
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
