FTX has been approved by the court to sell part of its invested assets and subsidiaries

ChainCatcher news, according to The Block, FTX has obtained court approval to sell part of its invested assets and subsidiaries. The FTX liquidators submitted a motion on January 18, stating that some of the invested parties expressed a strong motivation to repurchase FTX's equity to facilitate raising more funds from other investors. The U.S. Bankruptcy Court in Delaware approved the motion on February 13, authorizing the sale or transfer of certain assets with relatively low value compared to FTX's total asset base. FTX's initial motion indicated that approximately 185 investments were valued at $1 million or less.

According to a report by The Block Research, FTX and Alameda spent about $5.3 billion across 473 investments through various subsidiaries, with investments ranging from large amounts (such as a $100 million investment in Sui blockchain developer Mysten Labs) to smaller amounts (such as $1 million checks to startups Limit Break and Messari). (source link)