Tag: NEXO

Key Points: According to Decrypt, Nexo has presented a new acquisition bid to Vauld’s creditors and has refuted the report that it has halted the planned acquisition of Vauld.

In an open letter, Nexo said earlier offers were misrepresented and it wanted to deal directly.

There is no deal (yet) in the acquisition talks between crypto lender Nexo and its rival Vauld, while the latter has less than a month to present a restructuring plan…

Nexo says its acquisition deal with troubled lender, Vauld is still under consideration.

Vauld applied in Singapore for protection from creditors in July and signed an initial agreement with Nexo the same month.

Nexo has terminated a potential acquisition deal previously announced in July 2022.

Crypto lender Nexo insists it is still in talks with rival Vauld over potential acquisition of the Singapore-based company.

Key Points: The prospective acquisition of the crypto lending platform Vauld by Nexo has been halted. Vauld’s founder and CEO, Darshan Bathija, stated in an email to the company’s creditors…

Crypto lender Vauld has reportedly called off an acquisition by rival Nexo. “We were previously exploring a potential acquisition by Nexo as part of the proposed restructuring plan,” Vauld said…

Acquisition talks between Vauld and its potential buyer, Nexo, have broken down, according to a report published by Bloomberg on December 26. The post Vauld says Nexo acquisition has broken…