Thai venture capital fund acquires struggling exchange Zipmex for $100m: report
Zipmex plans to use the crypto assets received from the acquisition to unlock frozen customer accounts on the platform by April 2023 .
![Thai VC fund acquires troubled exchange Zipmex for $100M: Report](https:// images.cointelegraph.com/images/1434_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvMzMwOWRlYmItNDI5NS00Mzk2LTgzZjgtNDBhN2NhNGI4OTRiLmpwZw==.jpg)
![Thai venture capital fund acquires struggling exchange Zipmex for $100m: report](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvMzMwOWRlYmItNDI5NS00Mzk2LTgzZjgtNDBhN2NhNGI4OTRiLmpwZw==.jpg?#)
Zipmex plans to use the crypto assets received from the acquisition to unlock frozen customer accounts on the platform by April 2023 .
![Thai VC fund acquires troubled exchange Zipmex for $100M: Report](https:// images.cointelegraph.com/images/1434_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvMzMwOWRlYmItNDI5NS00Mzk2LTgzZjgtNDBhN2NhNGI4OTRiLmpwZw==.jpg)
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