BlockFi once owned more than 5% of all Grayscale Bitcoin Trust stock, but now the cryptocurrency lender doesn’t directly maintain any at all
Cryptocurrency lender Vauld is now exploring restructuring options and applying for a moratorium after laying off 30% of its staff in June.
Reported engagement with the restructuring and merger and acquisition specialist follows liquidity issues at crypto lender Babel Finance
The sale’s timeline was accelerated after competitors mounted rival bids, three sources told Blockworks
Key staff are being axed or voluntarily leaving troubled cryptocurrency lender Babel Finance, a source told Blockworks
The bank was approached by at least one institutional investor asking Goldman to advise and broker a potential deal for Celsius’ assets, according to sources familiar with the matter.