According to online reports, investment bank Jefferies has gradually established strong influence in the field of crypto assets since assisting MicroStrategy (now renamed Strategy) in purchasing Bitcoin in 2019. So far, Jefferies has completed 120 transactions in the fields of financial technology, market structure and exchanges, with a cumulative transaction volume of more than US$150 billion. In addition, Jefferies is also a mainstream investment bank that has established full-time senior bankers for crypto assets, and has now become a full-service crypto investment industry. Representative transactions it has participated in include Kraken's acquisition of NinjaTrader (US$1.5 billion), Galaxy Digital and DRW financing, and serving as an adviser to the unsecured creditors committee in the FTX bankruptcy case.