Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details
Cryptocurrency 1 hour ago (Jun 23, 2022 03:20AM ET)
Nexo hires Citibank to advise on acquisitions during market turmoil
Crypto lending platform Nexo, says that its strong balance sheet means it can ride to the rescue to provide liquidity during the current market turmoil by acquiring the assets of struggling crypto firms.
In a blog post, Nexo announced that it is currently receiving advice from banking giant Citigroup (NYSE:C) on how best to acquire the assets of insolvent crypto firms so that investors can regain access to blocked funds.
Nexo hires Citibank to advise on acquisitions during market turmoil
No Comments Yet