Bankrupt crypto lender BlockFi appears on track to sell some assets after a New Jersey bankruptcy judge expressed approval of the plan as part of Chapter 11 proceedings designed to restore funds to creditors.

Under a proposal put to the bankruptcy court on Monday, bidders for BlockFi's crypto mining assets would have until Feb. 20 to submit bids with an auction the following week.

The sale would be the first in a number of potential auctions, BlockFi’s attorneys told the court.

BlockFi’s attempts to get its hands on hundreds of millions of dollars worth of stocks in Robinhood (HOOD), however, have taken a further turn following parallel legal proceedings in Antigua, the New Jersey court was told.