A venture led by Brandon Lutnick, chair of brokerage Cantor Fitzgerald, is partnering with SoftBank (TYO:9984), Tether, and Bitfinex to invest in cryptocurrencies, the Financial Times reported on Tuesday.
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PayPal Pushes Further Into Crypto by Adding Chainlink and Solana as New Offerings
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The deal could be a way for the crypto exchange to move into another asset class and increase its users, the report said, citing people familiar with the matter.
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