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Benzinga
Benzinga
Business
Murtuza Merchant

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

Nexo Vauld Crypto

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.

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