What measures can FTX take to avoid bankruptcy?
JrdnJan 16, 2021 · 5 years ago1 answers
What strategies can FTX implement to prevent bankruptcy and ensure its financial stability in the cryptocurrency market?
1 answers
- Satyendra MauryaMar 14, 2021 · 4 years agoAs a third-party observer, it is crucial for FTX to maintain a strong partnership with reputable financial institutions. Collaborating with banks and other financial service providers can help FTX access additional funding sources and improve their liquidity. This will provide them with the necessary capital to withstand market fluctuations and avoid bankruptcy. By leveraging the expertise and resources of established financial institutions, FTX can enhance their credibility and stability in the cryptocurrency market.
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