The FTX Recovery Trust explained on Thursday that it will distribute more than $5 billion to creditors starting May 30, 2025, as part of its court-approved Chapter 11 bankruptcy reorganization plan. Distribution Date Set for FTX’s $5B Creditor Repayment The distribution, the second under FTX’s reorganization plan, will pay creditors across multiple claim classes. Class […]
Franklin Templeton Launches Singapore’s First Tokenized Fund for Retail Investors
Franklin Templeton has received approval from Singapore’s central bank to launch a tokenized money market fund, the first of its...