TechFlow news, November 11 — FTX Exchange announced it has reached an agreement with TRON. Holders of TRX, BTT, JST, SUN, and HT can now exchange their assets on FTX for external wallets on a 1:1 basis. Previously, Justin Sun stated that TRON and Huobi would honor their commitment to rigidly redeem TRON-based tokens and HT on FTX at a 1:1 ratio. Trading of TRX, JST, SUN, BTT, and HT on FTX has now resumed.
Justin Sun, founder of TRON and member of the Huobi Global Global Advisory Committee, said FTX's move is a small step for the stability of the cryptocurrency industry but a major leap for FTX and TRON users. He paid tribute to the teams that have rapidly built a crypto "ark." A digital asset analyst noted that the swift collaboration between Justin Sun and FTX clearly helps restore fragile market confidence at this stage. They will closely monitor the specific operational mechanisms of the ongoing partnership.
