Breakdown: An Abu Dhabi-based crypto firm plans to acquire FTX, but there’s a catch

Abu Dhabi-based crypto trading firm Hive is bidding for FTX Pay, the company announced on Friday. HighVine executives consider FTX Pay to be a suitable business fit for HighVine’s payment infrastructure. Cryptocurrency FTX is reportedly planning to sell or reorganize subsidiaries, including its payments business. Hive plans to bid for FTX payments business Abu Dhabi … Read more