Proof Group, part of the Fahrenheit consortium that acquired bankrupt Celsius Network, has shown interest in the potential relaunch of FTX, Bloomberg reported, citing people familiar with the matter.
The investment firm is reportedly exploring potential partnerships with other entities to secure the acquisition of FTX.
Proof Group is a prominent Silicon Valley company that has previously invested in various blockchain and crypto ventures, including Aptos Labs, Farcaster, ThorSwap, Sui, and others.
The company’s website says it is focused on “backing the next generation of founders building disruptive financial technology.”
Meanwhile, these developments follow earlier statements regarding the possible revival of the defunct FTX exchange. In October, Kevin M. Cofsky, an investment banker representing the exchange, informed the bankruptcy court that FTX was actively engaged with three interested bidders regarding a potential acquisition.
Cofsky also mentioned that the exchange consi
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