Oxygen: FTX, custodian of more than 95% of the tokens in Ecology, has sought legal help
BlockBeats: On November 16, DeFi prime broker-agreement Oxygen posted that it was shocked by the bankruptcy of FTX. While FTX does not hold any equity, it does hold a significant portion of MAPS/OXY Tokens, FTX, which is also the custodian of more than 95% of the tokens in its ecosystem, has sought legal help.
As previously reported by BlockBeats, on February 24, 2021, Oxygen completed a $40 million funding round with Alameda leading, Multicoin Capital, Genesis, CMS and others.