News/Crypto Lending Institution Nexo Plans to Acquire Crypto Trading and Lending Platform Vauld

Crypto Lending Institution Nexo Plans to Acquire Crypto Trading and Lending Platform Vauld

Jul 05,2022,17:33
According to The Block, crypto lending institution Nexo said that it has signed an indicative term sheet with Vauld, a crypto trading and lending platform, with a plan to acquire up to 100% of Vauld. The term sheet grants Nexo a 60-day exclusive exploratory period in which it will conduct due diligence. Previously, Vauld announced that it temporarily suspended all withdrawals, trading and deposits.
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LastData: Total Market Contracts Liquidated about $76.01 Million in 12 HoursData: Total Market Contracts Liquidated about $76.01 Million in 12 HoursData: Total Market Contracts Liquidated about $76.01 Million in 12 HoursData: Total Market Contracts Liquidated about $76.01 Million in 12 HoursData: Total Market Contracts Liquidated about $76.01 Million in 12 HoursData: Total Market Contracts Liquidated about $76.01 Million in 12 HoursData: Total Market Contracts Liquidated about $76.01 Million in 12 HoursData: Total Market Contracts Liquidated about $76.01 Million in 12 HoursData: Total Market Contracts Liquidated about $76.01 Million in 12 HoursData: Total Market Contracts Liquidated about $76.01 Million in 12 Hours
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