Zipmex Pte, the embattled Asian cryptocurrency exchange, is in advanced talks to receive a financial lifeline from one of its investors, people with knowledge of the matter said.
Zipmex is “on track to sign a majority buyout” agreement this week, the company said in an email to Bloomberg News on Wednesday, without naming the buyer. It is in talks with venture capital fund V Ventures, a subsidiary of Thoresen Thai Agencies Plc, according to the people, who asked not to be identified discussing confidential information.
