ChainCatcher news, Terraform Labs announced that it is actively selling its portfolio tracking platform Pulsar Finance, cryptocurrency wallet platform Station, no-code DAO management platform Enterprise, and its smart contract automation protocol Warp.Terraform Labs stated that this sale is to "maximize value for creditors and other stakeholders," and is also part of its "broader gradual wind-down of operations in accordance with the settlement terms reached with the U.S. Securities and Exchange Commission."

ChainCatcher news, Terraform Labs stated on social media that the Chapter 11 voluntary bankruptcy filing is a strategic step that allows it to continue operating and supporting the Terra community and ecosystem.It is reported that TFL plans to meet all financial obligations to employees and vendors during the Chapter 11 proceedings without the need for additional financing. It still plans to continue expanding its Web3 products, complete the acquisition of Pulsar Finance, launch the cross-chain wallet Station v3, and upgrade the Enterprise Protocol cross-chain staking.

ChainCatcher news, according to The Block, Terra developer Terraform Labs announced the acquisition of cross-chain portfolio management and analytics startup Pulsar Finance.It is reported that Pulsar's analytics platform was established in 2021 and currently supports 96 networks and over 700 protocols. The startup provides users with a simple way to track the performance of a range of tokens, DeFi positions, and NFTs.

ChainCatcher news, the Cosmos ecosystem asset management platform Pulsar Finance has launched on Cosmos, allowing users to view tokens in their wallets, staking positions, provided liquidity, airdrops, NFTs, and more. Currently, Pulsar Finance supports over 30 Cosmos ecosystem blockchains, with plans to support NEAR in the future. (source link)