Tribe capitalto FTX’s restructuring plans 250 millionIt aims to provide a fund support of n dollars.
FTX’s long-running restructuring and stock market relaunch plans are gaining support. Establishing a management mechanism under the name of Creditors Committee FTX aims to make processes work fast and carefully. These initiatives and the relaunch plan are the ones that have previously invested in many crypto startups. Tribe CapitalIt also caught his attention.
Tribe Capital, to the process of restarting FTX 250 millionplans to provide support.
FTX Finds Support for Reboot Plan
BloombergIn the news of Tribe Capital It was stated that . It was stated that approximately $100 million of this fund will be put by Tribe Capital and the remaining amount will come from partnerships.
Moreover Tribe capital was previously a major investor in FTX Global and FTX USA. Tribe Capital, which manages nearly $1.6 billion in assets, has invested in several startups, including Kraken, Bolt, and e-commerce vendor Shiprocket.
Tribe Capital’s offer, FTX USA, FTX Australia, FTX Japan, FTX AB, FTX GlobalAnd LedgerXIt is stated to contain .
