Vauld rejected Nexo's "final" acquisition proposal due to concerns about its solvency

2023-01-06 07:29:06

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ChainCatcher news, according to The Block, the troubled cryptocurrency lending institution Vauld and its creditors' committee rejected Nexo's "final" acquisition proposal due to concerns about Nexo's financial condition and other issues.

It is reported that Vauld wants Nexo to respond to two questions by January 6 at 18:00: how it will handle the claims of Vauld's creditors in the future, and whether Nexo is in good financial standing. (source link)

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