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Jump Spins Off Wormhole Project, Shrinking Its Crypto Business

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Nov. 17, 2023, 2:55 p.m. | Katherine Doherty, Yueqi Yang, Muyao Shen

Bloomberg Technology bloomberg.com

Jump Trading Group has parted ways with Wormhole, the crypto project it injected about $320 million into almost two years ago following a massive hack, as the market maker retrenches in the digital-assets space.

assets business crypto digital hack market project space trading wormhole

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