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cryptonews 2024-01-06 16:00:25

Bankruptcy Move: FTX Ventures Cuts Deal with Dave for $100 Million Stake

Source: Sora Shimazaki / Pexels Dave, a fintech firm specializing in financial services through its mobile application, is set to acquire a $100-million convertible promissory note previously issued to FTX Ventures, the venture capital arm of bankrupt crypto exchange FTX. The deal involves Dave purchasing the note at a discounted price of $71 million, pending The post Bankruptcy Move: FTX Ventures Cuts Deal with Dave for $100 Million Stake appeared first on Cryptonews .

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