FTT saw a valuation increase of up to 20% after the bankrupt FTX’s potential reboot plans caught the interest of its former giant investor.
Bloomberg, in its news dated April 18, based on the statements of sources familiar with the subject, recently 7.2 billion potential of FTX announcing dollar asset recovery reboot venture capital firm of plans Tribe Capital’s He said he was interested.
Resources, Tribe co-founder Arjun Sethi’s cooker FTX in month with the unsecured creditors committee He stated that he met to evaluate the unofficial offer. of the Tribe 100 million dollars from its own budget and partners 250 million a dollar fundraising campaign was also among the information given.
under his management 1.6 billion Popular cryptocurrency exchange alongside FTX, where Tribe has previously invested in assets of more than $$ of kraken also investors It was noted that among
The public announcement of FTX’s plans to restart operations and the exchange’s appeal from a major venture capital firm had a positive impact on native token FTT. Coinecko data FTT after the news 1.89 at dollar level 2.27 up to the dollar level rising to 20% gained close value and as of writing $2.04 traded at the