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Tribe Capital, an early-stage venture capital firm which backed the now-bankrupt FTX, is interested in the exchange’s potential reboot, Bloomberg has learned, citing people familiar with the matter.
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According to Bloomberg’s sources, Tribe Co-Founder, Arjun Sethi, discussed with FTX’s committee of unsecured creditors the informal proposal in January 2023. One of the sources claim the firm is weighing on supporting a $250 million fund-raising campaign for FTX.
Tribe was a venture investor not only in FTX, but also its American entity called FTX US. However, the size of Tribe’s investments in FTX remains unclear.
Troubled FTX Recovers $7.3B, Thinks About Relaunching Services
FTX filed for Chapter 11 bankruptcy protection in the US last year. According to court documents, the now-bankrupt trading platform owes its users around $10 billion and has over 1 million creditors.
In March 2023, the FTX debtors revealed that the collapsed exchange prior to filing for bankruptcy protection had sent a total of $3.2 billion to former top managers, including Sam Bankman-Fried, Nishad Singh, Zixiao “Gary” Wang and Carolina Ellison.
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Источник: ru.ihodl.com