Vauld to be rescued? Crypto lender Nexo says plans to buy it
Updated: 05 Jul 2022, 03:54 PM IST
TL;DR.Nexo, which is based in London, said it would buy up to 100% of Vauld and reorganize its future operations with the aim to accelerate its deeper presence in Asia. It did not say when the deal would close.
A representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration