FTX plans to distribute $2.2 billion on March 31, with many customer claim classes reaching 100%. Here's what each class receives.
A $4.7 billion portfolio — spanning Anthropic, Solana, Robinhood, SpaceX and Sui — would be worth an estimated $52.5 billion today. Creditors got cents on the dollar instead.
The bankrupt exchange’s fourth payout will bring many customer and unsecured claims to full recovery, with preferred equity holders set to receive initial payments in May.
FTX Recovery Trust to distribute $2.2 billion to creditors starting on March 31, marking the fourth payout, achieving near full recovery.
The FTX Recovery Trust has announced the latest round of repayments to creditors and former customers of the FTX crypto exchange, which collapsed in 2022.
ETP market giant Flow Traders just launched 24/7 over-the-counter (OTC) liquidity service for tokenized assets.
Hashi, a Bitcoin-based finance protocol built on Sui, plans to support BTC-backed lending and yield, with early participation commitments from major crypto companies.