Tribe Capital could invest $250 million to relaunch crypto exchange FTX

The FTX crypto exchange, which collapsed in November 2022, could be partially relaunched should Tribe Capital, an American venture capital firm, invest $250 million into it, which is in its plans. Full details below.  Tribe Capital’s plan for the FTX crypto exchange As anticipated, Tribe Capital is considering injecting capital into the FTX crypto exchange to potentially relaunch it. If this idea succeeds, Tribe Capital would conduct a fundraising campaign amounting to $250 million, of which $100 million would come from its own portfolio and its partners’ funds. According to Bloomberg, Tribe Capital co-founder Arjun Sethi met with FTX’s creditors’