Crypto Exchange Huobi Acquires Pantronics Holdings Limited for $70 Million
The deal was made at an average per share price of $0.35 with a total amount close to $70 million.
- Team CryptoGround
- Aug 30, 2018
- Oct 11, 2024
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The deal was made at an average per share price of $0.35 with a total amount close to $70 million.
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With BankSign, it would be easier for customers to access the banking services of multiple banks at once.
The move could help Huobi to go public via a reverse initial public offering (IPO) or a reverse takeover (a takeover of a public company by a private company).
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The unit was formed about a month ago and a chief general manager has been identified to lead it, but no formal announcement has been made by the RBI yet.
Lee, who owns bitcoin and has been among the biggest bulls on Wall Street, believes that a change in direction in emerging markets would signal a similar change in Bitcoin’s trend.
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