Monday, November 4, 2024
Home > News > Bitcoin News > FTX Reboot Plan Attracts Interest From VC Firm Tribe Capital: Report

FTX Reboot Plan Attracts Interest From VC Firm Tribe Capital: Report

Tribe, whose portfolio included FTX ahead of its dramatic collapse in November, is considering leading a $250 million fund raise, with a $100 million commitment from itself, according to the report. A source told Bloomberg that Tribe Capital co-founder Arjun Sethi met with FTX’s official committee of unsecured creditors in January to go over an informal proposal.

Source