117 Partners Forms Strategic Alliance to Transform Distressed Crypto Asset Market

Strategic Alliance in Distressed Crypto Assets



117 Partners LLC, a prominent figure in cryptocurrency asset recovery and advisory, has made waves by entering into a strategic partnership with Strive Enterprises, Inc. and Asset Entities, Inc. This collaboration aims to address the unique challenges of the distressed crypto claims market, particularly focusing on opportunities to acquire Bitcoin at favorable valuations.

The announcement was made on May 28, 2025, and signifies a considerable development in the approach to recovering distressed digital assets. As the cryptocurrency landscape evolves, the need for specialized strategies and proactive measures is paramount. In light of this, 117 Partners is leveraging its extensive expertise to identify and secure promising distressed Bitcoin claims, especially those tied to ongoing legal judgments that are awaiting distribution.

Thomas Braziel, the Managing Member at 117 Partners, expressed enthusiasm over the partnership, stating, "This is a landmark moment for 117 Partners. We've built a proprietary know-how and network of the biggest crypto claimholders, spanning everything from early cases like Bitcoinica to obscure busted ICOs, as well as high-profile bankruptcies like FTX, Celsius, and MtGox. Our team’s deep experience encompasses all complexities of these transactions, whether structured deals or share-for-claims transactions."

Adding to this sentiment, Matt Cole, CEO of Strive, remarked, "Acquiring Bitcoin claims at a discount is one of the most obvious and innovative ways to add value for our shareholders. 117 Partners brings unmatched precision, access, and execution capabilities in the crypto claims space, making them the perfect collaborator to spearhead this effort with Strive." This collaborative initiative is set to augment Strive's objective of enhancing its Bitcoin per share through a strategic alpha approach.

The Road Ahead



The partnership is more than just a strategic alignment; it represents a concerted effort to dominate the distressed crypto asset space. By accessing a vast network and employing data-driven methodologies, 117 Partners will play a critical role in sourcing these specialized assets while ensuring that Strive can maximize its investments in Bitcoin over the long term.

The totality of this collaboration reveals an intriguing intersection of legal acumen and financial innovation. The partners are determined to navigate the complexities often associated with cryptocurrency insolvencies, thus shining a light on the potential recovery paths over time.

As the digital asset market continues to face unprecedented challenges and fluctuations, this alliance highlights the importance of adaptability and foresight in investment strategies. Stakeholders are closely watching how this partnership unfolds and the potential implications on the broader cryptocurrency landscape.

About 117 Partners LLC



117 Partners LLC specializes in advisory services tailored for distressed digital assets, ensuring that clients receive robust support in the intricate field of cryptocurrency claims recovery. With an in-depth understanding of industry trends and an expansive network of contacts, they are well equipped to unlock value through innovative solutions, therefore helping clients make sense of their unique circumstances in times of financial distress.

For further information, or to engage with 117 Partners, you can find them at:
  • - Address: 130 Canal St., #602, Pooler, GA 31322
  • - Phone: (646) 650-5096
  • - Website: 117partners.com

In conclusion, the partnership between 117 Partners, Strive Enterprises, and Asset Entities represents a major step forward in the distressed cryptocurrency sector. It epitomizes a strategic response to market volatility and creates substantial potential for future growth within the community of crypto investors.

Topics Financial Services & Investing)

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