FTX's planned fundraising next week could target the combination of FTX International and FTXUS

11/10 14:16

Troubled crypto exchange FTX will conduct a fundraise next week, Reuters reported, citing an internal memo. The raise could end up being for FTX International and FTX US combined. The news come a day after FTX's deal to sell itself to rival Binance fell through. Hours after the Binance pull back, Tron founder Justin Sun said that he "putting together a solution" for the beleaguered FTX. In the memo cited by Reuters, FTX founder Sam Bankman-Fried said that he has held talks with Sun for a fundraise.

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