According to the recent announcement, a Canadian holding firm GoverMedia Plus Canada Corp. has entered “into a non-binding Letter of Intent (LOI)” with one of the largest European crypto exchanges — EXMO.
EXMO is a UK-based cryptocurrency exchange that offers crypto trading alongside with altcoin & fiat pairs (Euro, U.S. dollars, Ukrainian hryvinas & Russian rubles).
The head of GoverMedia, Roland J. Bopp said in the announcement:
“I am very pleased to announce the intended business combination with EXMO one of the largest European cryptocurrency exchanges. This is a further step in the Company's publicly announced strategic partnership.”
The announcement also highlights that the period of negotiations will last almost half of the year and after that GoverMedia will completely acquire EXMO.
Earlier, on October 8th, EXMO listed stablecoin Gemini Dollar (GUSD) to its list of assets.
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