Odaily News: FTX has started negotiations to restart the exchange. As part of the restart plan, FTX may rename the exchange.



CEO John J. Ray III stated that the company has begun soliciting opinions from parties interested in relaunching FTX.com exchange. John J. Ray III took over FTX in November last year when the company filed for bankruptcy.



Market data shows that FTT has experienced a rapid surge, reaching a high of 1.55 BUSD, currently trading at 1.4117 BUSD, with a 24-hour increase of 11.11%. (The Wall Street Journal)



Previously, on June 25th, according to a court document filed with the Delaware Bankruptcy Court on June 22nd, FTX's consulting firm Alvarez & Marsal disclosed a list of interested parties under Section 363 of the U.S. Bankruptcy Code (which allows for the sale of company assets). This list represents entities interested in the FTX 2.0 relaunch, who have been contacted and signed confidentiality agreements to seek more detailed information about the restructuring and restart of FTX.



Well-known companies on the list include Nasdaq, Ripple Labs, Galaxy Digital, BlackRock, Tribe Capital, Robinhood, NYDIG, and OKCoin.



It's important to note that this is not an exclusive list of potential buyers or investors, but rather parties interested in the cryptocurrency exchange. FTX's creditors plan to initiate a liquidation process in the third or fourth quarter of this year and select a "stalking horse bidder," with one of these companies likely to become the bidder.