Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be

WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on the app for 75 days.

A deal will get done to ensure that TikTok remains available in the U.S., General Atlantic CEO Bill Ford told Axios during an event on Wednesday in Davos, Switzerland. Why it matters: General Atlantic is a major investor in TikTok's Chinese parent company,

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A board member at TikTok’s parent company said that a deal to save the app from disappearing in the United States will be done soon.

Among the investors since ByteDance's initial funding in 2012 include venture funds such as Sequoia Capital, Tiger Global Management, SoftBank, TCV, General Atlantic, Sky9 Capital, Hillhouse and Susquehanna Asia Investments.

YouTuber MrBeast, X owner Elon Musk and Oracle Chairman Larry Ellison are names that have floated around in the past week.

Donald Trump, who swore in as the 47th President of the United States, signed an executive order on Monday which delayed the law enforcing the TikTok ban by 75 days. The app was supposed to be shut down in the US on January 19.

While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are its most valuable.

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The future of TikTok and other ByteDance apps in the U.S. remains uncertain. With the ban now in effect and no signs of progress on a divestiture deal, it appears these popular platforms may remain unavailable on U.S. app stores for the foreseeable future.

The TikTok ban won't be enforced until April, but there will be plenty of contentious negotiations between China, the U.S., and prospective buyers in the meantime.