Sources familiar with the matter: V Ventures plans to buy Zipmex trading platform for $100 million

Thai venture capital fund V Ventures plans to buy Zipmex for $100 million, with 30% of the money to be in cash, Cointelegraph reported on December 3, citing sources familiar with the matter. The rest is paid in crypto assets. Zipmex plans to use the crypto assets acquired from this acquisition to unlock the platform's currently frozen customer accounts by April 2023.