Multicoin Capital Is in Talks to Sell Roughly $100M FTX Bankruptcy Claim: Source
Summary
Cryptocurrency investment firm Multicoin Capital is considering selling its FTX bankruptcy claim, valued at approximately $100 million. The positive developments in the FTX bankruptcy case have led to claims being sold for more than 70 cents on the dollar, with the price increasing. Companies like Multicoin, which were indirectly affected by the FTX collapse, have been receiving offers from claim buyers for over a year. As potential bids increase, these companies are evaluating the opportunity cost of capital and deciding to sell earlier. Multicoin Capital has not commented on the matter.
