Cryptocurrency exchange CrossTower is looking to acquire other crypto projects apart from its bid for Voyager Digital.
The crypto market continues its bearish trend. As the effect of the downward trend, many projects began to have difficult days. However, projects that have managed to remain strong see the cycle as an investment opportunity. Cryptocurrencies and cryptomining investments have seen a significant increase recently. Recently, serious buyers aspired to the assets of the bankrupt Compute North. Voyager Digital, which has a busy agenda in the crypto market, is looking for a new buyer after the bankruptcy of FTX. CrossTower, one of the bidding companies, is also looking to invest in other crypto projects.
CrossTower Will Fund for Acquisitions
The CEO of crypto exchange CrossTower stated that they want to invest in other projects besides the crypto loan platform Voyager Digital.
The CEO of the company, Kapil Rathi, stated that his company is strong for acquiring good customers and projects with potential. In addition, Rathi underlined that his investors are also cautious.
In addition, the company stated that they plan to create a recovery fund of their own.
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