The valuation of FTX claims on the Claims Market can reach up to 73% of the face amount.

The transaction price of FTX Group's bankruptcy claims has increased significantly in the secondary market. The current investment valuation of FTX's claims (a percentage of the face value of the claims) on the claims trading platform Claims Market is between 57% and 73%. This price increase is mainly due to the overall strength of the digital asset market. Data provided by Cherokee Acquisition shows that FTX’s debt valuation has increased from 50%-53% at the end of October to the current 57%-73%. The change comes after FTX administrators issued an update on October 16, which mentioned that clients of FTX.com and FTX US would jointly receive 90% of the value of global distributable funds if the revised plan is approved. %above. (Bloomberg)