A pitch deck for the project said the marketplace is aiming to go live by the end of February.
Followers of technology and financial exchanges have grown increasingly interested in how bankruptcies and fraud within the crypto space will be handled following theDavies and Zhu are part of a group arguing that the so-called crypto "claims" market, in reference to bankruptcies impacting holders of digital currencies, should have a public marketplace.
They cited a "clear need to unlock" the claims market — one they value at $20 billion and believe GTX could "dominate" within two or three months. GTX said in its pitch that, once scaled, the platform could fill a "power vacuum left by FTX" within crypto trading and move into the securities lending market.
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