The FTX cryptocurrencies, which declared itself bankrupt in November and is in the process of raising cash to pay off creditors, will raise $500 million from the sale of its investment portfolio.
The information is contained in court documents released last week.
FTX informed the bankruptcy court on Thursday that it will sell its stakes in start-up company Mysten Labs for $95 million and on Wednesday reached an agreement to recoup $404 million it had invested in an investment fund.
BUT: FTX founder accused of illegal donations to politicians for personal gain
FTX's bankruptcy proceedings are currently in a Delaware court, with the company now being run by a court-appointed administration led by John Ray, who was involved in a similar case with oil company Enron.
It is estimated that the losses of FTX customers could amount to 8 billion dollars.
Assets identified to compensate creditors are around 6 billion.
FTX co-founder Sam Bankman-Fried faces charges linked to financial crimes, has paid a $250 million bond and risks being sentenced to decades in prison.
