Zipmex, a cryptocurrency exchange that operates in markets such as Singapore and Thailand, said on Sunday that it is considering a possible proposal after talks with interested parties and due diligence should begin.
The Asian forum was one of many in the digital-asset industry facing financial difficulties in recent weeks. On Thursday, it had halted withdrawals as the fallout from a series of defaults spread across the industry.
On Friday, Zipmex tweeted that it would resume allowing withdrawals, but only from Trade Wallet and not any other wallet “until further notice.”
The platform is the latest to face financial difficulties resulting from dealings with troubled crypto leaders Babel Finance and Celsius Network Ltd. Zipmex has an exposure of $48 million to Babel and $5 million to Celsius, it said on its Facebook page on Thursday.
This story has been published without modification in text from a wire agency feed.
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