Binance, Galaxy Digital and Bank to the Future were among the bidders of Celsius Network's crypto assets in November, according to crypto blogger Tiffany Fong.
At least five firms placed bids on Celsius Network’s crypto assets, including Binance, Bank To The Future and Galaxy Digital, according to leaked information shared by crypto blogger Tiffany Fong.following its collapse, has leaked information from documents she says were obtained on Dec. 20 “detailing the bids on Celsius Network’s crypto assets.
Among the bidders revealed by Fong include crypto exchange Binance, online investment platform Bank To The Future, digital asset investment manager Galaxy Digital, crypto trading company Cumberland DRW and digital asset investment firm NovaWulf. The blog stated that Binance proposed a bid of $15 million for the assets, stating that $12 million wouldgo to the Celsius estate and $3 million would be distributed to “migrated users on a pro-rata basis.”
Galaxy Digital proposed to acquire all illiquid and staked Ethereum assets as sough to be “designed stalking horse bidder" — a name given to the initial bidder for the sale of distressed assets — for the amount of approximately $67 million.
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