✳️ FTX has three options for returning to the market ⤴️
The publication Bloomberg, citing an investment banker of the collapsed FTX exchange, reports that the company is currently considering three options for returning the brand to the market.
According to Kevin M. Cofsky of Perella Weinberg Partners, various opportunities and proposals are being discussed closely with investors. A decision on FTX's return to the cryptocurrency business is expected to be made by mid-December.
One option remains the complete sale of the remaining business #FTX , including a list of 9 million customers. There is also an opportunity to attract an investment partner to restart the stock exchange, or restart the business independently.
"We communicate with several parties and partners every day," said Kevin Kofsky, but did not reveal the names of the partner companies.
The FTX interim administration managed to recover $7 billion in assets, including $3.4 billion in cryptocurrencies. Important agreements were reached with creditors, so the recovery of the stock exchange is theoretically possible, especially with the support of outside investors.
