FTX units on auction block draw 117 interested buyers: Court filing

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FTX units on auction block draw 117 interested buyers: Court filing
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FTX may have collapsed, but its subsidiaries seem to be up for grabs. There are at least 117 parties interested in buying the leftovers, including FTX Japan, FTX Europe, and more.

As many as 117 parties have expressed interest in buying up one or more of FTX’s independently operated subsidiaries including FTX Japan, FTX Europe, LedgerX and Embed, according to a court filing.was made on Jan. 8 by Kevin Cofsky, a partner at Perella Weinberg, the investment bank representing FTX US and affiliated firms. Cofsky stated:

He added that the debtors have entered into 59 confidentiality agreements with potential counterparties who have expressed interest in any one or more of the companies.

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