New Celsius Co-Owners Behind Potential Bid to Relaunch FTX Crypto Exchange
- Proof Group is one of three bidders looking to reboot FTX
- The firm is also part of the consortium that won Celsius bid
Investment firm Proof Group is one of multiple bidders looking to relaunch bankrupt crypto exchange FTX, according to a person familiar with the matter.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
Investment firm Proof Group is one of multiple bidders looking to relaunch bankrupt crypto exchange FTX, according to a person familiar with the matter. The firm is also part of the Fahrenheit consortium, a group of investors and crypto companies that won a bid to acquire the remains of bankrupt crypto lender Celsius Network. Fahrenheit is backed by Arrington Capital, a crypto hedge fund.
Read: Crypto Exchange FTX Outlines Timeline for Potential Reboot