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US STOCKS-Wall St eyes lower open as producer prices rebound
Superlative represented Miami-Dade County in the 19-year, $135 million naming rights agreement it signed earlier this year for the Miami Heat’s arena, which had been American Airlines Arena since 1999. It sold the rights to FTX, a cryptocurrency exchange that’s perhaps the biggest sports marketing rival to Crypto.com. Cryptocom american derivatives small exchange ig Crypto.com, the popular crypto trading platform is looking to expand its footprint in the US with a $216 million purchase. The crypto trading platform bought two crypto derivatives exchanges from the financial group IG Group Holdings. The deal is expected to commence by the first half of 2022. Kris Marszalek, co-founder, and chief executive officer of Crypto.com said the new acquisition deal will not only help the platform expand its reach but also offer existing customers additional tools. He said,
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Crypto.com acquires leading US platform Nadex and Small Exchange
Learn more about a Bloomberg Law subscription. Investing and Trading The exchange announced a few hours ago that it had agreed to acquire two United States-based retail-focused derivatives exchange platforms from IG Group Holdings. Crypto.com will pay $216 million in cash to acquire the derivative trading platforms.
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The latest scrutiny comes via CNBC, which conducted an investigation into the business career of Crypto.com CEO Kris Marszalek, which it describes as “replete with red flags.” Those include the failures of previous ventures, including one dedicated to flash drives and another to Groupon-like flash sales. In both cases, Marszalek reportedly stiffed customers and business partners while rushing to cash out before the ventures collapsed. How Does Inflation Affect Markets IG Group will likewise sell its 39% stake in Small Exchange, a prospects trade zeroed in on retail dealers, dispatched last year with sponsorship from driving Wall Street players including