June 28 (Reuters) - Bankrupt FTX is moving ahead with efforts to revive its flagship international cryptocurrency exchange, the Wall Street Journal reported on Wednesday citing CEO John Ray.
The company "has begun the process of soliciting interested parties to the reboot of the FTX.com exchange," Ray said, according to the Journal's report.
The failed crypto company has been holding talks with investors about backing a potential restart of the FTX.com exchange through structures such as a joint venture, the report added citing people familiar with the discussions.
In the days leading up to the failure, customers of Sam Bankman-Fried's crypto exchange withdrew billions of dollars, hobbling the firm's liquidity.
A rescue deal with rival exchange Binance also fell through, precipitating crypto's highest-profile collapse in recent years.
Persons:
John Ray, Ray, FTX, shivers, Sam Bankman, Binance, Bankman, Manya Saini, Krishna Chandra
Organizations:
Wall Street, U.S, Thomson
Locations:
United States, Bengaluru