Thai cryptocurrency exchange Zipmex has reportedly received an offer for a deal in which an unidentified third party will help the company "rescue" the business.
According to the announcement made by the company:
"Our conversations with various interested parties have progressed significantly. One of those parties has offered terms in an MOU which includes confidentiality obligations so as to be able to commence Due Diligence."
The platform's representatives have not clarified whether this is an investment or a takeover of the company.
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Zipmex suspended withdrawals last July 20 citing "volatile market conditions and the resulting financial difficulties of key business partners."