London-Based Crypto Lender Nexo To Buy Vauld
The Morning Standard|July 06, 2022
IN a latest consolidation in the crypto space, Londonbased virtual currency lender Nexo on Tuesday said it will acquire up to 100% in Vauld, which recently suspended all withdrawals, trading and deposits, citing financial difficulties.
Uma Kannan
London-Based Crypto Lender Nexo To Buy Vauld

“I understand that a lot of our customers are nervous about your funds. We are working tirelessly to ensure your financials are protected. We have signed an indicative term sheet with Nexo,” Vauld CEO Darshan Bathija announced on Twitter.

This story is from the July 06, 2022 edition of The Morning Standard.

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This story is from the July 06, 2022 edition of The Morning Standard.

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