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.

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,

Start-ups with Chinese ties have found it increasingly difficult to do business and list shares in the United States.

President Trump's executive order pausing the TikTok ban for 75 days might not protect the app's technology partners from $850 billion in fines.

The app’s availability in the U.S. has been thrown into jeopardy over data privacy and national security concerns.

TikTok reportedly will shut down the app in the U.S. unless the Supreme Court halts a law banning the app unless ByteDance divests its stake.

In an executive order signed on Monday, Trump instructed the U.S. attorney general to not enforce the ban for 75 days while his administration determines “the appropriate course forward in an orderly way that protects national security while avoiding an abrupt shutdown” of TikTok.

Measure directs Justice Department to not enforce the law for 75 days while administration determines “the appropriate course forward.”

TikTok is owned by ByteDance, which has claimed it is roughly 60% owned by institutional investors including the Carlyle Group, General Atlantic and Yass’s Susquehanna International Group.