The court put on sale four divisions of the financially troubled exchange FTX: Embed, LedgerX, FTX Japan и FTX Europe. 117 organizations showed overwhelming interest in acquiring the business.
A statement by Kevin Kofsky, a partner of the investment bank Perella Weinberg, which represents the interests of FTX.US and related companies, revealed details of the data to the court. The number of confidentiality agreements already concluded is 59. According to Kofsky, participants must submit starting offers for the auction between January 18 and February 1. About 117 bidders from various financial and strategic companies around the world have expressed interest in acquiring one or more of the divisions mentioned in the report. Of these companies, about 50 are considering Embed, 56 are considering LedgerX, 41 are interested in FTX Japan and 40 are interested in FTX Europe; although both FTX Japan and FTX Europe were stripped of their licenses back in December last year. It was previously reported that FTX's Bahamas division spent more than $40 million on various luxury hotels and restaurants over a nine-month period.