Exchange Kucoin is in talks to acquire the assets of suffering companies with strong core technologies that may contribute to industry growth but are being harmed by the market slump, according to the company’s CEO Johnny Lyu on Monday. Furthermore, the CEO of the Seychelles-based exchange stated that he will not consider cooperating with any company that lacks technological capabilities and capacities. He added, “We are interested in certain companies, and they are also interested in working with us. We will sit down together and work out a deal.”
