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FTX plans to acquire crypto exchange Bitvo as part of move into Canadian market -Breaking


FTX to Buy Crypto Exchange Bitvo in Canada

Canadian crypto-platform Bitvo has been purchased by Cryptocurrency Traders Exchange FTX.

FTX Trading Limited made a Friday announcement it planned to acquire Bitvo as part of the crypto exchange’s effort to offer its products and services to Canadia-based users. The company added that the deal was “subject to regulatory approval and customary closing conditions,” but expected to close in the third quarter of 2022.