Cryptocurrency investment firm Ikigai Asset Management sold its rights in FTX’s bankruptcy case for $65 million.
Ikigai CEO Travis Kling said: “We received a salary that was satisfactory to us and was much, much higher than our expectations just six months ago.” said.
According to the statement made by Kling, Ikigai customers who want to withdraw their money from the fund will be able to do so thanks to the money coming from here.
Ikigai began renewing existing customers for the first time after FTX collapsed. Kling, “Our investors are giving us new capital.” said.
Kling, in his statements last year, said that the company’s funds Most of it is on FTX and after the stock market crashed most of the money what they can’t bear he said.
The collapse of FTX was a huge blow to the cryptocurrency market. Speaking about the market rising again, Kling made the following comment:
“The market appears to be heading towards a new bull cycle. Honestly this is astounding […] My greatest hope is that we, as an industry, do not pass up this opportunity. “My biggest worry is that if we screw this up as badly as last time, we may never get another chance.”