Crypto exchange Digital Surge expected to resume trading next week

Australian cryptocurrency exchange Digital Surge is set to come back online after stakeholders signed off on a recovery plan on Wednesday, according to documents filed with the Australian Securities and Investments Commission (ASIC). The exchange is expected to resume trading next week, one of the sources said.

The Brisbane-based exchange was hit hard by the collapse of FTX, as it held A$33 million on FTX.