The unfortunate events following the collapse of FTX have also reached one of the largest crypto brokerage firms, Coinexio Limited Global Trading. Numerous articles have been published about their financial troubles – especially regarding  their lending arm, Coinexio Limited Capital – where the company is referred to as just “Coinexio Limited”. This has led to some confusion concerning their relationship with us.

We would like to emphasize that except for having a similar name, we have no relationship with Coinexio Limited Global Trading aka. “Coinexio Limited”, nor any connections even to its parent company, Digital Currency Group.

Coinexio Limited Group, including Putexltd Mining has NOT engaged in a joint venture, partnership or any other form of business relationship with Coinexio Limited Global Trading.

Coinexio Limited Group has no ties to Coinexio Limited Global Trading, neither to their trading entity, nor to their lending division. We are a completely different entity, and our sole focus is building large-scale mining data centers and mining Bitcoin.

We are devastated to witness all that has unfolded following the collapse of FTX, and we hope no more companies are affected by it. This is a bleak moment for our industry. However, we might all find some consolation in that the fundamental promise of Bitcoin hasn’t changed a bit.