Will FTX raise a down round before the end of 2026?
25
1kṀ7908
2028
5%
chance

"A down round refers to a private company offering additional shares for sale at a lower price than had been sold for in the previous financing round."

Previous round was $32 billion iirc.

Crypto
FTX Insolvency Crisis
Effective Altruism
Get
Ṁ1,000
to start trading!

People are also trading

Sort by:
predictedYES

Aren't they attempting a relaunch? Maybe they raise money for that

https://www.coindesk.com/business/2023/08/01/ftx-plans-to-restart-crypto-exchange-for-international-customers/

FTX Plans to Restart Crypto Exchange for International Customers
Proposed re-organization plan provides a pathway for a specific class of debtors to pool assets to create a new, offshore exchange.

free money detected

predictedYES

I assume I will count the forthcoming as a "down-round"

@GeorgeVii Assuming the deal goes through ofc. If they just go bankrupt with no sale of shares this will resolve no

@GeorgeVii A company acquisition transfers ownership of existing shares rather than issuing more shares.

People are also trading

© Manifold Markets, Inc.•Terms•Privacy