The proposed sale of the bankrupt crypto exchange FTX managed to attract hundreds of interested buyers. 363 parties, including BlackRock, Ripple, Nasdaq, and Galaxy Digital, submitted a non-binding letter of intent (LOI) to acquire FTX and associated entities.Crypto influencer Elite Crypto took to Twitter earlier today to share the sale parties interested in acquiring FTX:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/8a4ad7fb2265426bbc13d5a9ebd93994.png" />According to a recent <a href="https://t.co/hvK27Gb5UX" rel="noopener noreferrer nofollow">filing</a> in the U.S. Bankruptcy Court for the District of Delaware, the list of parties interested in acquiring the bankrupt crypto exchange included venture firm Tribe Capital, Austrian crypto trading platform BitPanda, American crypto exchange OKCoin, US-based discount brokerage firm Robinhood, and the New York Digital Investment Group (NYDIG), among dozens of others.As per Mr.Purple on <a href="https://twitter.com/MrPurple_DJ/status/1672403504210804737" rel="noopener noreferrer nofollow">Twitter</a>, the parties likely signed a non-disclosure agreement (NDA) in order to access sensitive information pertaining to the defunct crypto exchange’s operations and customers. The crypto influencer stated that the FTX Bankruptcy Estate may be gearing up for the sale process in the third or fourth quarter of 2023.It was unclear if the parties that submitted LOIs to acquire FTX would be interested in restarting the international crypto trading platform rather than stripping down the firm and selling its assets. The online sentiment among FTX creditors indicated that restarting the exchange would yield a better return for the exchange’s stranded customers.Read full article at <a href="https://cryptotale.org/363-parties-including-blackrock-ripple-express-intent-to-acquire-ftx/" rel="noopener noreferrer nofollow">CryptoTale.</a>

363 Parties Including BlackRock & Ripple Express Intent To Acquire FTX

CryptoTale

Other articles published on Jun 24, 2023

Bitcoin Price Analysis: Orbiting 30716 Technicals - 25 June 2023

FTX Bounces Back: BlackRock, Ripple, Nasdaq Drive Crypto Exchange’s Revival

ERC 6551 Ethereum Standard Changes Game in Ethereum NFTs: Guide

An example of an offline cosmetics store and the same store operating in a virtual interactive space

Credit Agricole Becomes Registered Crypto Custody Services Provider in France

Crypto Payment Service Warns Customers About its Debit Cards Amid EEA Licensing Issues

Join our free newsletter for daily crypto updates!