117 companies are interested in buying divisions of FTX

The court put up for sale four divisions of the bankrupt FTX exchange: Embed, LedgerX, FTX Japan and FTX Europe. 117 companies immediately expressed interest in buying a business. The data was presented in a filing filed with the court by Kevin Cofsky, a partner at investment bank Perella Weinberg, which represents FTX.US and affiliated firms.. 59 confidentiality agreements have already been signed. Participants must submit initial bids for the auction between January 18 and February 1. “Approximately 117 participants, including various financial and strategic companies around the world, have expressed interest in the potential purchase of one or more of the represented divisions,” Kofsky said in a statement. About 50 companies have expressed interest in buying Embed, 56 are interested in LedgerX, 41 firms are interested in FTX Japan and 40 would like to buy out FTX Europe. Recall that FTX Japan and FTX Europe are essentially independent companies, but their licenses were revoked in December. Earlier it was reported that the FTX division in the Bahamas spent more than $40 million on various luxury hotels and restaurants in just nine months.