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Crypto lender Hodlnaut seems to have discovered a white knight investor to exit its chapter proceedings. In accordance to a Bloomberg report, OPNX alternate has made a proposal to take over 75% of the corporate.
The deal would see a capital injection of almost $30 million value of FLEX tokens into Hodlnaut to partially cowl collectors’ payout and excellent claims. Based on CoinMarketCap, FLEX is buying and selling at $7.16 as of this writing. Hodlnaut’s restructuring is being overseen by a Singapore court docket.
Proceed Studying on Coin Telegraph