WSJ: Former NYSE President is in talks to relaunch FTX.
BlockBeats news on November 8th, according to the Wall Street Journal, a company led by former New York Stock Exchange President Tom Farley is one of the three companies bidding for the remaining assets of FTX. The auction of the bankrupt cryptocurrency trading platform, founded by Sam Bankman-Fried, has entered its final stage.
According to sources, Bullish, a cryptocurrency trading platform under Block.one, led by former NYSE President Tom Farley as CEO, financial technology startup Figure Technologies, and cryptocurrency venture capital firm Proof Group are competing to acquire FTX. The winning bidder will be able to restart the trading platform after it plans to exit bankruptcy proceedings next year.