# BitMart Develops Restructuring Plan for Phased Operations

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/25071
Published: 2026-09-28T20:31:25.000Z
Updated: 2026-09-28T20:31:25.000Z
Section: Business

> The exchange is weighing restructuring as an alternative to a full shutdown and aimed to provide further updates by Sept. 9, 2026.

BitMart is developing a potential restructuring plan that could enable a phased resumption of parts of its operations, offering an alternative to a full shutdown for the crypto exchange.

The plan may include distributions to creditors under an orderly arrangement. It still requires legal, financial, operational and regulatory evaluations.

BitMart appointed White & Case as restructuring counsel to assess potential options and help develop a framework for restructuring and phased operations. The exchange is also working with advisers on a broader roadmap.

BitMart announced the plan Aug. 21, 2026, and aimed to provide further updates by Sept. 9, 2026.