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Thursday, May 15, 2025

Zipmex Engages Financial Advisors, 16 Afghan Exchanges Shut Down, CoinSwitch Kuber Raided, Singapore Sends Questionnaires to Crypto Firms + More News - Cryptonews

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investment news
The Singapore-based crypto exchange Zipmex plans to meet with potential investors and Thailand’s financial regulator to discuss a recovery plan, per Bloomberg. The company has previously sought protection from creditors after it ran into a liquidity crunch following exposure to the troubled crypto lender Babel Finance. It also stated that representatives from KordaMentha Pte Ltd have been engaged as financial advisors and proposed scheme managers to assist Zipmex through the restructuring process.
Cboe Global Markets has announced the group of companies that intend to become investors in Cboe Digital, the new name for the crypto trading platform ErisX. The firms include B2C2, DRW, GSR, Hidden Road, IMC, Interactive Brokers, Jane Street, Jump Crypto, Optiver, Robinhood, tastytrade, and Virtu Financial.
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