FTX Token surges 14% ahead of $5B creditor distribution

By: cryptosheadlines|2025/05/16 05:30:07
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com FTX Token (FTT) has jumped nearly 14% in the past 24 hours, surging as the market reacts to the latest FTX news.On May 15, FTX announced its $5 billion creditor distribution will begin on May 30, 2025.Market reaction aligned with top altcoins’ quest to bounce despite notable risk-off sentiment.The FTX Token (FTT) rose sharply as the crypto market reacted to an announcement that FTX, which filed for bankruptcy in November 2022, will soon commence the second phase of its creditor payments.As top coins looked to bounce after paring gains earlier in the day, FTT price spiked 14% to break to highs of $1.33.The gains came as FTX announced that the $5 billion distribution to creditors will start on May 30, 2025.Optimism around FTX’s Chapter 11 reorganization plan has helped FTT recover from lows seen when FTX imploded.FTX Token chart by CoinMarketCapFTX set to commence $5 billion creditor distributionThe FTX team, led by administrator John J Ray III, has announced the crypto exchange’s second creditor distribution.An update on May 15 revealed that funds for allowed claims of eligible holders will start flowing into accounts on May 30, 2025.FTX will distribute over $5 billion to holders of allowed claims, both in its Convenience and Non-Convenience Classes.According to FTX, eligible creditors are those that have completed pre-distribution requirements.These users should also have onboarded with the selected distribution service providers, BitGo or Kraken.If all is in order, creditors should receive their share of the $5 billion from the platforms within 1 to 3 business days.John J.Ray III, FTX Recovery Trust plan administrator, said:“These first non-convenience class distributions are an important milestone for FTX. The scope and magnitude of the FTX creditor base make this an unprecedented distribution process, and today’s announcement reflects the outstanding success of the recovery and coordination efforts of our team of professionals. Our focus remains on recovering more for creditors and resolving outstanding claims.”FTX Token price soarsIn November 2022, the FTX Token (FTT) experienced a massive sell-off, with the price plummeting to under $1 from above $25.Since then, the token has struggled to break higher.Despite this, data from CoinMarketCap shows FTT price spiking by more than 70% since touching an all-time low of $0.75 on April 17, 2025.On May 15, the native FTX token rose by more than 14% to top the daily gainers list.While it has shed some of the upside momentum, FTX Token remains above the psychological $1 level.A 24-hour trading volume of $69 million represents a 271% surge, while market cap stands at over $416 million to see FTT rank as the 141st largest cryptocurrency by this measure.Share this articleCategoriesTagsSource link

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DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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