UK's Nexo in talks to acquire troubled crypto platform Vauld: report
London-based Crypto lender Nexo is reportedly in talks to acquire crypto platform Vauld, which announced the suspension of its operations. Vauld's client withdrawals will remain halted for now. Nexo could either restructure or refinance Vauld post due diligence. Nexo could provide instant liquidity to Vauld by buying its assets or investments, if the crypto platform has some assets staked or has made investments for a longer period.
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