
By Babafemi Adebajo
September 22nd, 2023
Until FTX collapsed in November, FTX Europe was the only firm offering special crypto derivatives (perpetual futures) to the European market.
Asset management companies are engaged in a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in a cost-effective way. If put simple, the term “asset management” is most commonly refers to people and companies who manage investments on behalf of others.
Until FTX collapsed in November, FTX Europe was the only firm offering special crypto derivatives (perpetual futures) to the European market.
The recent decision by Bybit to suspend its operations in the United Kingdom is not an isolated incident within the crypto industry.
Meanwhile, Alibaba has put a hold on Hong Kong IPO plans for its grocery chain Freshippo.