Bnk To The Future eyes acquisition of crypto lender SALT
SALT is one of the first crypto lending platforms to offer dollar-denominated loans collateralized by Bitcoin and Ether. Crypto lending platform SALT has received a buyout offer from a prominent online investment platform — a move the company said could potentially enhance its product offerings and advance its mission of making digital assets more accessible to mainstream audiences. Bnk To The Future, or BF, has submitted a letter of intent to acquire SALT for an undisclosed amount, the companies disclosed Friday. The acquisition is contingent on both parties signing definitive agreements....
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SALT has announced the waitlist for the SALT Card, its new credit card product, is now open. Better yet, as the company is actively designing the card, it’s allowing potential customers to share their thoughts and input on everything from material to style. If you want to weigh in and share your ideas with SALT’s […]
Leading cryptocurrency lender Nexo has offered to buy distressed competitor Vauld, which halted operations in the face of financial difficulties. The proposal comes after the Singapore-based company said it was exploring restructuring options. Nexo Secures Exclusive Agreement to Explore Vauld’s Acquisition Singapore-based crypto lending and trading platform Vauld, which announced suspension of withdrawals and other transactions for customers, has been offered a way out of its troubles. On Tuesday, major crypto lender Nexo unveiled it had signed an indicative term sheet with Vauld....
Eight days ago, the crypto lender Hodlnaut announced that the platform was suspending withdrawals after citing volatile market conditions. This week the company says it is seeking judicial management that aims to “provide the best chance of recovery.”
Hodlnaut Updates Customers — Crypto Lender Asks Singapore High Court for Judicial Management
The crypto lender Hodlnaut is looking for help from the courts so the platform can “avoid a forced liquidation” of the company’s assets. Last week on August 8, 2022, the crypto startup paused....
Anthony Scaramucci discussed the SALT Conference, politics, our changing world and Bitcoin's future.
Voyager Digital had been one of the worst-hit crypto lenders of the lender crisis that rocked the market back in Q2 2022. After the lender filed for bankruptcy during the height of the crisis, there had been restructuring plans put in place. The crypto lender had then made public that it was looking to sell […]