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Crypto.coms kris tweeted out looking to purchase companies ready for the next cycle

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by COINS NEWS 84 Views

Kris just tweeted out:

Crypto.com is actively looking to acquire companies that would strengthen our position for the next cycle.

If you are a founder of a company that would be a great strategic fit, please DM me.

CROfam β€” please feel free to throw ideas to add to our shopping list below. Thanks ????

It seems with all the cutbacks and cost cutting they had at the start of the bear markets saved them some cash to use now. I know theres been lots. Of questions about wether or not we will even see cycles in crypto anymore and that maybe "this time it's different" but Kris clearly believes therenwill be a other cycle and is looking to put themselves in the strongest position possible.

Or.... They're in deep trouble and need another way to being in revenue. I'm hoping the former!

What do you think though? Is this bullish news for Crypto.com and the crypto space in general?

Nittwr link seems the reddit bit prefers them: https://nitter.net/kris/status/1702598719303217240#m

submitted by /u/TheCheerleader
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