As many as 117 parties have revealed interest in buying up several of FTX’s separately run subsidiaries including FTX Japan, FTX Europe, LedgerX and Embed.

In a Jan. 8 court filing made by Kevin Cofsky, a partner at Perella Weinberg, the investment bank representing FTX US and affiliated firms. Cofsky specified:

“Approximately 117 parties, including different financial and tactical counterparties globally, have actually expressed interest to the Debtors in a potential purchase of several of business.”

He included that the debtors have actually participated in 59 privacy agreements with potential counterparties who have actually expressed interest in any one or more of the companies.While no company arrangements have actually been made, they can access details to help with due diligence, such as details regarding the business unit’s operations, financial resources, and technology.Four businesses up for sale consist of Embed, LedgerX, FTX Japan, and FTX Europe, according to legal representatives representing FTX debtors. Cast your vote now!Around 50 parties had an interest in Embed, 56 were looking at LedgerX, 41 expressed interest in FTX Japan, and 40 were for FTX Europe, according to the filing.Embed is a clearing firm that FTX acquired in June 2022 to improve

its stock and equities offerings. LedgerX is Commodity Futures Trading Commission( CFTC)regulated digital currency futures and options exchange and clearinghouse gotten by FTX in August 2021. FTX Japan and FTX Europe are independent subsidiaries of FTX worldwide but underwent accredit and service suspensions in December. Related: FTX spent$40M on food, flights, and hotels in just 9 months: Court filings In December, FTX sought authorization from a U.S. personal bankruptcy court to sell the firm’s Japanese and European branches, in addition to the two cleaning companies.The deadline for sending

initial quotes for the four firms is set to expire in between Jan. 18 and Feb. 1.