Claims Market: Secondary prices for FTX claims have risen to 101% of par value
Claims Market, a trading platform specializing in bankruptcy claims and providing FTX credit liquidity, stated on X that the trading price of each unit of FTX credit on the secondary market on May 8 has risen to the range of 101% (Bid) to 110% (Ask). Earlier news shows that according to FTX's restructuring plan released on Tuesday night, FTX estimates that it owes about 11.2 billion U.S. dollars, while 14.5 billion to 16.3 billion U.S. dollars are available for distribution to creditors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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