Galaxy Digital eyeing assets held by distressed crypto firms: FT
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Real-World Asset Market Provides Distressed Debt Opportunity
The tokenization of real-world assets (RWA) has been one of the hottest crypto narratives in 2023. However, the emerging sector...
Potential ‘Buying Opportunity’ for LPs in Distressed Digital Assets
Though there have “obviously been some well-publicized failures of crypto hedges funds” over the past 12 months, allocators this quarter...
This is why DOGE traders could be distressed this memecoin season
Dogecoin could be considered in limbo as sell pressure dies down while the bulls remain on the sidelines. DOGE’s price...
Distressed Crypto Firm Vauld Receives More Time to Present a Restructuring Plan (Report)
The Singaporean authorities have reportedly granted Vauld an extended period of creditor protection. The cryptocurrency lender has until February 28...
Distressed Investors Drawn to FTX Claims Following Bankruptcy
Claims of customers with assets stuck on FTX following its bankruptcy have started drawing the biggest names in distressed investing. ...
Distressed Crypto Platform Amber Group Secures a $300 Million Fundraiser
Amber Group – a cryptocurrency platform backed by Singapore’s investment company Temasek – completed a $300 million funding round. The...
Binance says it will set up US$1 billion ‘recovery’ fund for distressed crypto businesses
Binance, the world’s largest cryptocurrency exchange, said it will establish a US$1 billion fund for its “Industry Recovery Initiative” to...
Binance Pledges Up To $2 Billion To Bail Out Distressed Crypto Firms As FTX Contagion Spreads
Changpeng Zhao, cofounder and CEO Binance, spoke at a summit in Lisbon, Portugal in early November.Piaras Ó Mídheach/Sportsfile for Web...
OKX Announces $100 Million Fund to Support Distressed Projects Following FTX Crash (Report)
The Seychelles-based crypto exchange – OKX – reportedly introduced a $100 million fund to aid companies with liquidity issues. The...
