BINANCE bought all remaining shares of SXP

[Oxumare]

Binance has announced that it will also acquire the remaining shares of Swipe, a cryptocurrency debit card manufacturer that it bought a portion of in 2020.After Binance's official announcement, there was a 30% rise in Swipe's own token, SXP.
Swipe CEO Joselito Lizarondo will also step down. ( I think this is the biggest news. )

https://finance.yahoo.com/news/swipe-sxp-breaks-binance-acquisition-024634728.html

[hair]

Good news for the coin, binance has a lot of funds so they can do anything.. this is a way for binance to always keep its fans loyal

[Oxumare]

There were previous rumors about this subject.So Binance would eventually buy SXP.
The most important development for me is Joselito leaving the project. THIS CEO had done bad things at XVS coin.

[hair]

why did this happen? bad image can make their project will be abandoned by investors. does that mean binance is taking a big risk acquiring this project?

[Freemind]

This is certainly good news for SXP holders. After Joselito's bad actions, I think the best thing he can do is abandon the project and not damage the team any more. With Binance buying all available shares, this project takes on new meaning and greater value considering how well Binance knows how to do things. Now holders have better reasons than ever not to sell for a long time while they wait to see Binance updates on the project.