FTX, one of the largest cryptocurrency exchanges in the world, was considering making an agreement with Celsius, one of the largest lending platforms.
Cryptocurrency exchange FTX is in talks to financially support and buy Celsius, The Block reported. However, after the company saw Celsius’s financial situation, it did not start the talks. decide not to continue gave.
According to the news, Celsius’ balance sheet $2 billion there is an opening. It is thought that FTX also gave up on the deal after seeing this situation. about 3 weeks ago more than 1.7 million with customers and within the platform $12 billion in cash It was discussed that Celsius, the stated lending platform, would not be able to make payments due to the market decline.
Following these developments, Celsius on 12 June withdrawal, transfer and swap transactions He stated that he had stopped. Celsius, who made the next statement on June 20, made an official statement after a week. The search for solutions continues, but it will take time. had said.
The company’s share price had increased when the name of Celsius company started to be mentioned with FTX, but after the news that came in the past hours, it went down again.
In addition, the company’s native token, CEL, experienced volatile movements as the news hit the market.