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Bullboard - Stock Discussion Forum Banxa Holdings Inc V.BNXA

Alternate Symbol(s):  BNXAF

Banxa Holdings Inc. is a Canada-based company, which provides a financial technology platform. The Company’s principal business activity is being a payment service provider to global cryptocurrency exchanges. The Company’s products include On & Off Ramps, NFT Checkout, OpenRamp and Token Listings. It offers extensive global and local payment options resulting in conversion rates up to three... see more

TSXV:BNXA - Post Discussion

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Post by arh0070 on Nov 17, 2022 9:48am

Bnxa

This morning on Fidelity the bid is .24 canadian ask(5000 shares)0.35 .No shares traded so far .Sad to see but not unexpected.
FTX quote this am from new ceo "never in my career have i seen such a complete lack of financial controles"
The implications of the FTX situation is profound ,Coin is at an all time low .Probable bankrupcy of Block fi and probable collapse of the defi market .It all started 18 months ago with the development of the bear market in Cryptos .
Collateral damage from Ftx will be severe.
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