
Nickel Digital, Metaplex and others continue to feel the effects of FTX’s fall
Nickel Digital Asset Management is not the only company affected by FTX’s collapse and bankruptcy. NFT protocol Metaplex also fired “several members of the Metaplex Studios team” due to “damages” from the collapse of crypto exchange FTX. Co-founder and CEO of Metaplex Studios, Stephen Hess (NYSE: ), shared one share. News on Twitter:
The Ontario Teachers’ Pension Plan also had to absorb some losses. According to to announce formed by a Canadian teachers’ pension fund, has invested $75 million in FTX International and its US subsidiary, FTX.US. The Ontario Teachers’ Pension Plan shared that the investment “represented less than 0.05%” of its total assets and “equivalent to ownership of 0.4% and 0.5% of FTX International and FTX.US, respectively.” Despite the disappointment of the loss, the pension plan states that “the financial loss from this investment will have a limited impact on the Plan, due to its size compared to our total assets and our financial strength.”
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