Tribe Capital, the San Francisco-based enterprise capital agency that beforehand invested in FTX earlier than its collapse, is exploring the potential for injecting new capital to revive the bankrupt cryptocurrency trade, Bloomberg reported April 18.
The enterprise capital agency is reportedly contemplating operating a $250 million capital marketing campaign, anchored by $100 million from itself and its sponsors. Based on Bloomberg, sources acquainted with the matter say Tribe co-founder Arjun Sethi met with FTX’s unsecured collectors committee in January to debate the casual proposal.
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