Figure partners with NovaWulf on proposed reorg of crypto lender Celsius
Housing Wire
FEBRUARY 17, 2023
The partnership was made public by Figure on Thursday and comes a day after an announcement from Celsius — which filed for bankruptcy in July 2022 — that it will be acquired by NovaWulf. NewCo is expected to be a public reporting company that is initially 100% owned by Celsius creditors with its common equity provided in a tokenized form.
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