Smart Valor is conducting a strategic assessment and may sell the company's business

ChainCatcher news, according to Coindesk, the cryptocurrency exchange and AI-driven investment firm Smart Valor is exploring the possibility of selling all or part of its business.

Its CEO and co-founder Olga Feldmeier stated that the company is conducting a strategic review after receiving a series of inquiries from large exchanges worldwide, cryptocurrency platforms, and traditional financial (TradFi) institutions, including banks and trading platforms.

Two insiders said that advisors are conducting an auction, with a bid deadline of January 24. Several companies are expected to bid for the regulated exchange business, and a few have completed due diligence and may also participate in the auction.