Japanese media: At least one buyer is in contact with FTX Japan regarding the acquisition

According to Chaincatcher news and a report by Japanese media FMT, at least one potential buyer has approached FTX Japan through an investment bank in an attempt to acquire it. FTX Japan has 19.6 billion yen (140 million USD) in cash and deposits, as well as approximately 10 billion yen in equity. It holds cryptocurrency assets for over 100,000 customers, but its assets exceed its liabilities.

Previous reports indicated that FTX would initiate a strategic review of its global assets to maximize recoverable value. FTX's debtors have hired Perella Weinberg Partners LP as the lead investment bank and have begun preparations to sell or restructure certain businesses. (Source link)