Coinbase may invest in Thailand's Zipmex after takeover talks fall through

Photo by Andre Francois on Unsplash

Coinbase Global Inc has reportedly signed an agreement to invest in Thai crypto trading platform Zipmex, after takeover talks did not come through, per a report on The Block.

The report cited sources saying the US-based crypto exchange had intended to acquire Zipmex, but finally ended up with a strategic investment, for which a term sheet was signed in March.

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