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.
drive.google.com/file/d/1PlxlCK…
drive.google.com/file/d/1PlxlCK…
Operating a sustainable business for 4+ years, based on solid fundamentals and prudent risk management, @Nexo is in a strong liquidity and equity position as evidenced by the only real-time reserves attestation of a blockchain finance company.
real-time-attest.trustexplorer.io/nexo
real-time-attest.trustexplorer.io/nexo
We firmly believe that acquiring all or part of Celsius’ qualifying, outstanding collateralized loan receivables will go a long way in providing immediate liquidity to @CelsiusNetwork clients. We are still waiting to hear from their management and will update you.
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