Nexo Seeks to Acquire Vauld, Amid Increasing Consolidation in Digital Currency Industry

Nexo, a cryptocurrency lending platform, revealed it planned to Singapore-based fellow lender Vauld, a day after the latter announced that it had suspended withdrawals for its more than 800,000 customers. The firm has not revealed how much it plans to pay to acquire Vauld, stating that it plans to buy 100 percent of the crypto lending platform and “reorganize its futu…Read More

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