Nexo starts process to potentially acquire troubled crypto lender Vauld

in hive-101145 •  2 years ago  (edited)

Nexo has signed an indicative term sheet with rival crypto lender Vauld and plans to acquire the struggling firm.

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Nexo has signed an indicative term sheet with rival crypto lender Vauld.
London-based Nexo will begin due diligence and plans to acquire up to 100% of the troubled firm. Client withdrawals will remain halted for now.

Source: TheBlock

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2 years ago by

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