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The Latest Breaking News from Vauld

Crypto Lender Nexo Stays Ahead of Regulators With Minority Stake In Summit National Bank

Crypto lender Nexo recently acquired a minority stake in Summit National Bank.

Benzinga

Investing | Why young India needs to dial down

The crypto crash in May has young investors re-thinking their views on risk and reward, but there is much that they need to keep in mind before ‘return chasing’ again. Experts weigh in

The Hindu

Singapore plans further strengthening of crypto regulations

Singapore intends to broaden the scope of cryptocurrency regulations and pushed back against claims that some recently collapsed digital-asset outfits were regulated in the city state.

Bangkok Post

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Crypto Liquidity Crisis Is a Boon for This Swiss Firm

Nexo believes that it's the company's duty to offer help to struggling lenders.

The Street

Voyager seeks bankruptcy as crypto mogul’s lifeline fails

Crypto broker Voyager Digital Ltd filed for Chapter 11 bankruptcy protection just weeks after getting a lifeline from billionaire Sam Bankman-Fried’s Alameda Research, citing market volatility and the collapse of a hedge fund it had lent money to.

Bangkok Post

Crypto broker Voyager Digital files for bankruptcy

The New York-based firm suspended customer trading, deposits and withdrawals

Evening Standard

Crypto Crisis: Struggling Crypto Lender About to Be Acquired by Rival

Crypto firm Nexo is reviewing the assets of lender Vauld with the intent of acquiring the struggling crypto financial services company.

The Street

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Nexo Seeks To Acquire Beleaguered Crypto Lending Firm Vauld: What You Need To Know

Crypto lender Nexo on Tuesday announced it has signed an indicative term sheet with its rival Vauld to acquire a 100% stake in the company. The agreement grants Nexo a 60-day exclusive exploratory period related to its intended acquisition of Vauld, pending a satisfactory outcome of the due diligence process.

Benzinga

Crypto lender Vauld freezes withdrawals, eyes restructuring

Vauld, a crypto lender backed by Coinbase Inc, said it froze withdrawals and hired advisers to explore a potential restructuring, joining rivals from Celsius Network to Babel Finance in resorting to last-ditch measures to survive the market rout.

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