The Canadian cryptocurrency exchange Bitvo announced that it has terminated the pending acquisition transactions with FTX Canada and FTX Trading. Bitvo has no significant risk exposure to FTX or any of its affiliated entities. Bitvo is not a party to FTX and its affiliated entities entering bankruptcy proceedings. Bitvo has never owned, listed or traded FTX tokens and will continue to operate independently. Foresight News previously reported that FTX announced in June this year the acquisition of Bitvo, a Canadian compliant encryption exchange, subject to the approval of Canadian regulatory authorities. After the acquisition, Bitvo may be integrated into the FTX global team.