Crypto exchange BitMart is walking back its earlier plans for a full shutdown and is now working on a restructuring plan, according to a report from Incrypted.

BitMart Won't Shut Down After All

There were recent rumors swirling in the market that BitMart might be shutting down operations for good. But now, BitMart reps say the exchange is looking at other options and has no intention of completely exiting the business.

Restructuring in the Works

BitMart is currently developing a restructuring strategy, though the details are still under wraps. The company says it’ll share more info as soon as the plan is finalized.

Market Reaction

News that BitMart will keep operating has caught the attention of users and crypto market watchers alike, all eager to see what’s next for one of the better-known trading platforms.