Sources: Ziglu is in talks with potential buyers, planning to raise $2.46 million to continue operations before being acquired

ChainCatcher news, according to sources cited by Sky News, the UK crypto-friendly bank Ziglu is in talks with buyers interested in acquiring it at a lower price after the acquisition deal with Robinhood fell through, and is hiring investment bankers to oversee the sale. Additionally, the company hopes to raise around £2 million ($2.46 million) at a valuation of $12.3 million to continue operating until a sales agreement is reached.

Previously, ChainCatcher reported in April last year that Robinhood agreed to acquire Ziglu for $170 million, but in August reduced the acquisition offer to $72.5 million, leading to the collapse of the deal. (source link)