Crypto lender Hodlnaut seems to have discovered a white knight investor to exit its chapter proceedings. In accordance to a Bloomberg report, OPNX trade has made a proposal to take over 75% of the corporate.
The deal would see a capital injection of practically $30 million price of FLEX tokens into Hodlnaut to partially cowl collectors’ payout and excellent claims. In accordance with CoinMarketCap, FLEX was buying and selling at $7.16 at time of writing. Hodlnaut’s restructuring is being overseen by a Singapore courtroom.
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