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FTX to Sell Digital Custody Unit for $500K, Down from $10M Buy

FTX to Sell Digital Custody Unit for $500K, Down from $10M Buy


CoinGape
2024-02-12 23:07:36

FTX, the crypto exchange that filed for bankruptcy in November 2022, will sell Digital Custody Inc (DCI), one of its subunits acquired in the past, for a fraction of the original purchase price. The sale of CoinList, a tokenized platform, is capped at $500k, unlike the $10 million on FTX paid for DCI during August The post FTX to Sell Digital Custody Unit for $500K, Down from $10M Buy appeared first on CoinGape .


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