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cryptonews
2022-07-05 12:57:00

Troubled Vauld May Be Acquired and Come Under ‘Nexo Umbrella’

Troubled Vauld May Be Acquired and Come Under ‘Nexo Umbrella’

Singapore-based crypto lender Vauld may get acquired by major crypto lender Nexo (NEXO). The news was announced by Vauld CEO Darshan Bathija today, stating that the exchange has signed “an indicative term sheet” with Nexo to buy “up to 100% of Vauld.” The CEO added that, “The completion of this transaction is pending due diligence - which both teams are working on as we speak.”...Read More: Troubled Vauld May Be Acquired and Come Under ‘Nexo Umbrella’

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