Vauld says Nexo acquisition has broken down
टेक्नोलॉजी वौल्ड का कहना है कि नेक्सो का अधिग्रहण टूट गया है 12 / 26 / 2022 बिटकॉइन एथेरियम समाचार Acquisition talks between Vauld and its potential buyer, Nexo, have broken down, according to a रिपोर्ट published by Bloomberg on Dec. 26. Vauld was one of several cryptocurrency lending and borrowing companies that suspended withdrawals this summer due to a widespread liquidity crisis. The firm halted services on जुलाई 4 and filed for creditor protection on July 8. During that time, Vaulds competitor, Nexo, took steps to acquire and rescue the failing company. Updates from Vauld suggest that Nexo was still engaging in acquisition talks as recently as सित। 6, as the two firms extended the due diligence process at that time. However, in an email obtained by Bloomberg today, Vauld seemed to suggest that acquisition talks have come to an end. In that email, Vauld said that it was “” with Nexo. The firm summarized recent events by stating that past discussions have “unfortunately not come to fruition.” Nexo, however, suggested in its own statement that it is still cooperating with Vauld. Nexo said that it submitted a revised acquisition proposal on Dec. 2. In a statement quoted by Bloomberg, Nexo wrote that it is dedicated to “offering