FTX's Innovative Strategy to Repay Creditors Unveiled!
FTX, currently under bankruptcy, has formed a strategic alliance with Galaxy Digital to manage and optimize its $3 billion worth of crypto assets
It aims to repay FTX's creditors in U.S. dollars while also hedging and staking key cryptocurrencies to preserve asset value and generate returns
The collaboration is pending approval from the bankruptcy court, and the ultimate success hinges on various legal and market factors