Cover image
Blog iconOlivKlode
Aug 24

FTX to Hire Galaxy Digital to Sell Assets

In the wake of its financial challenges, FTX has embarked on a strategic move to navigate its path towards stability. The crypto exchange, now facing bankruptcy, has filed plans in court outlining its intention to manage its $3 billion worth of digital assets. For this purpose, FTX is enlisting the expertise of Galaxy Digital, helmed by Mike Novogratz. With a focus on returning funds to creditors in fiat currency, FTX's strategy involves the sale, staking, and hedging of its significant ...

Most popular by OlivKlode

Cover image

Trustee Plus introduced a payment crypto card

Cover image

Bitcoin Cash Price Jumps Above $300

Cover image

Dollar stablecoins

Cover image

Celsius demands $150 million return from StakeHound

Cover image

Gibraltar court freezes assets on Binance and other exchanges seeking $43M

Cover image

Ethereum fees fall to two-month lows

OlivKlode

Written by
maryf3680

Ability to negotiate and achieve established goals in participatory processes and decision making.

Subscribe

2025 Paragraph Technologies Inc

PopularTrendingPrivacyTermsHome
Search...Ctrl+K

OlivKlode

Subscribe