Cryptocurrency exchange Kucoin is in talks to buy the assets of ailing companies with strong core technologies, that can contribute to the growth of the industry but are being hurt in the market downturn, the company’s CEO Johnny Lyu said on Monday.
In an exclusive interview with Benzinga, Lyu asserted that in the near future, there will be a “not so dramatic” de-coupling of the crypto market from the traditional financial markets and that the cryptocurrencies industry cannot grow while it continues to follow the rules set by centralized financial markets.
