Hodlnaut has received an offer from OPNX to inject approximately $30 million worth of FLEX digital tokens into the firm.
OPNX, an exchange backed by Three Arrows Capital, has offered to acquire bankrupt crypto lender Hodlnaut.OPNX, a digital-asset exchange backed by the founders of the now-defunct hedge fund Three Arrows Capital, has expressed interest in acquiring struggling crypto lender Hodlnaut.
Currently undergoing restructuring overseen by a Singapore court, Hodlnaut has received an offer from OPNX to inject approximately $30 million worth of FLEX digital tokens into the firm to facilitate a partial creditor payout for the finalization of claims, per a BloombergThe bid, if accepted, would give OPNX 75% control in Hodlnaut.
The CoinFLEX exchange’s creators, Mark Lamb and Sudhu Arumugam, created OPNX earlier this year. And FLEX is affiliated with this exchange. Hodlnaut, headquartered in Singapore with operations in Hong Kong, was one of the market’s casualties during the crypto harsh winter. Last year, the business
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