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HomeMarketTron says open to talks with FTX on rescue plans By Reuters

Tron says open to talks with FTX on rescue plans By Reuters

© Reuters. FILE PHOTO: Chinese cryptocurrency entrepreneur Justin Sun speaks at a financial forum in Beijing, China November 4, 2015. Picture taken November 4, 2015. REUTERS/Stringer
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(Reuters) – Justin Sun’s Tron is focused on enabling the withdrawal of its tokens from FTX but is open to talks about other rescue plans for the struggling cryptocurrency exchange, a spokesperson said on Thursday.

FTX rescue talks include the possibility of a credit line, the spokesperson said. They added that a deal on Thursday to establish a special facility that would allow clients to swap some crypto assets from FTX to external wallets was a “first step.”

Story Credit: investing.com

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