FTX Debtors Agree to $95M Sale of Mysten Labs Stake

Bankrupt crypto exchange FTX has agreed to sell Mysten Labs Inc. preferred shares back to the Web3 startup for $95 million, according to the fillings at the U.S. Bankruptcy Court in Delaware on Thursday. The startup will additionally acquire SUI tokens worth $1 million. The debtors of FTX have…#mystenlabsinc #usbankruptcycourt #delaware #ftx #mysten #debtors #purchaseprice #ftxventures #suitokenwarrants #ftxventuresltd
Source: Reuters: Health - Category: Consumer Health News Source Type: news