Crypto lender offers to buy rival

Posted online July 5, 2022 | 8:07 am

Cryptocurrency lender Nexo offered to purchase embattled rival Vauld.

Vauld is backed by Coinbase and Silicon Valley billionaire Peter Thiel.

Nexo plans to restructure Vauld and pursue an expansion in Southeast Asia and India if the deal is completed.

Read more from CNBC.

More from SBJ Daily Update

Feds: Former PFH execs' actions lead to $1M forfeiture at Springfield business

Comments

No comments on this story |

Please log in to add your comment

Editors' Pick

SBJ Economic Growth Survey: The Perfect Storm

The latest survey data yield results.

Most Read

Feds: Former PFH execs' actions lead to $1M forfeiture at Springfield business

The Digital Edition from SBJ

Missouri to invest $100M in charging stations for electric vehicles

FORVIS cracks top 10 on Inside Public Accounting list

Poll: Will you vote in favor of legalizing recreational marijuana in Missouri this November?

CDC eases COVID-19 guidelines

Rivian’s losses nearly triple

SBJ.net Poll

Will you vote in favor of legalizing recreational marijuana in Missouri this November?

*