BlackRock, Ripple, Nasdaq and other companies have expressed interest in FTX 2.0

ChainCatcher news, under the leadership of CEO John J. Ray III, FTX debtors earlier shared plans to restart the cryptocurrency exchange FTX. Last Friday, FTX released the names of parties allowed to sell company assets under Chapter 363 of the U.S. Bankruptcy Code.

According to court documents filed on June 22 in the Delaware bankruptcy court, FTX's consulting firm Alvarez & Marsal published a list called "363 Sale Parties." This represents entities interested in the FTX 2.0 reboot, which have been contacted and signed confidentiality agreements to seek more details about the restructuring and the exchange's relaunch.

Notable companies among the 363 Sale Parties include Nasdaq, Ripple Labs, Galaxy Digital, BlackRock, Tribe Capital, Robinhood, NYDIG, and OKCoin. However, this is not an exclusive list of potential buyers or investors, but rather parties interested in the cryptocurrency exchange.

FTX debtors plan to conduct the sales process in the third or fourth quarter of this year and select a "first bidder." One of these companies is likely to become the first bidder.

The companies also plan to invest in FTX 2.0, and John J. Ray III's team is working on the bidding process letters, interested parties, market makers onboarding, and the relaunch of FTX Japan. (Source link)