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Privacy public chain Findora plans to launch a $100 million ecosystem fund
According to news from the chain, the privacy public chain Findora plans to launch a $100 million ecosystem fund to support the Findora ecosystem research and development of new applications and infrastructure projects based on Findora privacy protection technology, thereby accelerating the growth and development of its community. The funds will be implemented in the next three to five years or so, and developers can apply for grants through the program. In addition, after more than three months of testing, Findora’s mainnet Beta version can be pledged and commissioned. Next, Findora aims to introduce blockchain privacy functions into the Ethereum model network.
SBF: FTX plans to expand globally by acquiring crypto companies
Golden Finance reported that FTX CEO Sam Bankman-Fried (SBF) said on Wednesday that FTX plans to continuously expand into new jurisdictions by purchasing local cryptocurrency companies or exchanges. When asked about future acquisitions, SBF hinted that he might be looking for another LedgerX. It is reported that the regulated US crypto derivatives company LedgerX was acquired by FTX in August. The purchase of LedgerX enabled FTX to avoid the cumbersome registration process in the United States. SBF said: “If (the amount we spend on acquisitions in the next year or so) exceeds $1 billion, I won’t be surprised.” He added that the acquisition target may provide relationships with regulators, licenses, or “user-based” fiat currency access.
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