Vauld News

Singapore high court has extended Vauld’s creditor protection to Feb. 28. Vauld owes its creditors over $400 million. Vauld, one of the numerous victims of the crypto winter of 2022, has once again secured a creditor protection extension from Singapore…

Disturbed digital asset lender Vauld and its committee of creditors (COC) have declined rival Nexo’s final acquisition proposal in concerns about its financial health difficulties. Nexo loses procurement talks On Jan. 6, Vauld, a Singapore-based unsettled crypto lender, affirmed the…

Nexo says its acquisition deal with troubled lender, Vauld is still under consideration.

Vauld has been granted three-month protection from creditors by the Singapore High Court.

Vauld has requested a moratorium order against its creditors. The protection will prevent a total freeze of operations and assets liquidation for the firm, while also allowing it to focus fully on its restructuring plans, according to a Wall Street…

Vauld has disclosed a shortfall of $70 million to its creditors. The centralized crypto lending platform says it still holds $300 million worth of assets and liabilities worth roughly $400 million. A takeover deal by Nexo is in the pipeline,…

Vauld has announced the suspension of fund withdrawals, deposits, and all trading activities on its platform. The firm says the crypto market downturn has brought serious financial challenges upon it and is now weighing several options to salvage the unfortunate…