Uruguay-based payment service provider DLocal, FTXreported that approximately five and a half million dollars tied to the stock market is stuck.
Considered the second largest cryptocurrency exchange in the world of FTX bankruptcy affected many companies. In the collapse, where billions of dollars evaporated, affiliated companies also suffered losses. In the busy agenda, bankruptcies and stuck assets began to come one after another. Especially, FTX Brokerage firms in cooperation with the company began to report millions of dollars in losses. one of these companies DLocal, on the stock market 5.6announced that a million-dollar asset was stuck.
DLocal Says Exposure Is Minimal
Uruguay-based payment service provider DLocal, FTXHe stated that the assets stuck in the stock market are at a minimum level.
There is an increase in the number of companies exposed to FTX, which has filed for bankruptcy and is in court. Recently, Vauld, stuck in the stock market 10 He said he had millions of dollars in assets. DLocal joined these companies. Payment service provider 5.6 reported that millions of dollars were squeezed. However, the company stated that this amount is not a significant ratio.
Referring to its total payments, the company underlined that they do not work with another exchange as a banking service. DLocal is responsible for processing FIA payments for cryptocurrency exchanges. to their TPVpercent by 0.3He stated that he represents
