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FTX's former head of institutional sales: FTX should restart and launch debt tokens

2023-04-12 18:46:21
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ChainCatcher news, according to The Block, FTX's former head of institutional sales Zane Tackett stated that FTX should restart and launch tokens representing creditors' claims.

Zane Tackett mentioned that creditors are unable to fairly price the assets held by FTX, but being able to convert debt into equity and gain a stake in FTX would be a huge benefit. Additionally, the debt tokens would provide immediate liquidity for those looking to sell their claims. (source link)

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