TechFlow news, according to the Wall Street Journal citing知情人士, FTX's auction has entered its final stage. Bullish, a cryptocurrency exchange operated by Tom Farley, former president of the New York Stock Exchange; fintech startup Figure Technologies; and crypto venture firm Proof Group are racing to acquire FTX.
The winner could relaunch the exchange when FTX is expected to emerge from bankruptcy next year. The victor could be selected as early as December.
It was reported that over 70 parties expressed interest in the relaunch of FTX, which has now been narrowed down to three finalists, though their identities have not been disclosed.
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