Crypto loan firm Nexo said it wants to buy Celsius’s assets.
Nexo posted a series of tweets on Twitter today. The company said it was “in a solid position of liquidity and equity to easily acquire all remaining qualifying assets of Celsius, mainly portfolios of secured loans.” Having prepared an official letter of intent to Celsius, Nexo said:
“Nexo, its partners and affiliates can easily obtain eligible outstanding collateralized loan receivables from Celsius secured by corresponding pledged cryptocurrencies, subject to Nexo’s risk management and collateral requirements.”
After what appears to be the insolvency of @CelsiusNetwork and mindful of the repercussions for their retail investors & the crypto community, Nexo has extended a formal offer to acquire qualifying assets of @CelsiusNetwork after their withdrawal freeze. https://t.co/JFtKTHRLcY
— Nexo (@Nexo) June 13, 2022
As we have mentioned before, Celsius, citing the decline in the crypto money market, citing all withdrawals and transfers. had stopped its operations.
