Deur ZyCrypto - 1 jaar gelede - Leestyd: 2 minute
XRP On Growth Path As Ripple Considers Purchasing Assets Of Cash-Strapped Firm Celsius
Ripple, the blockchain payments company behind the XRP cryptocurrency, is reportedly considering acquiring assets belonging to beleaguered crypto lending firm Celsius.
According to a Reuters report, a spokesperson from Ripple disclosed that the firm was “interested in learning about Celsius and its assets,” in addition to assessing whether any of them could be relevant to their business. The move was informed by Ripple’s continued growth and desire to expand its business despite the hurdles facing the crypto market at large. Ripple "is aktief op soek na M&A-geleenthede om die maatskappy strategies te skaal,” het die woordvoerder gesê.
Die skuif kom ná Celsius geliasseer vir bankrotskap in Junie, met verwysing na "uiterste marktoestande" en erken 'n gat van $1.2 miljard in sy balansstaat. Celsius was egter oop vir koopaanbiedinge, selfs al ondersoek hy reddingsroetes vir krediteure wat druk daarteen ophoop.
The June chapter 11 bankruptcy filings disclosed that Celcius holds a variety of possessions including digital assets held in custody accounts, loans, the company’s own CEL token, Bank cash and a bitcoin mining business. Last week, Ripple lawyers made an application seeking to be enjoined in the bankruptcy proceedings despite not being a major creditor for Celcius.
Alhoewel Ripple has not done any major acquisition deals previously, some pundits believe Celsius’s attractive legal background could be the key reason for Ripple’s increased interest in the firm, especially given its gestoei met die Securities Exchange Commission.
"Ons weet Ripple is trying to buy Celsius. Why? Celsius marketed itself as a type of crypto bank,” Het Lisa Daly Digital Product Manager by BlackRock gesê, "Celsius-netwerk is 'n gereguleerde, "SEC-voldoenende" uitleenplatform wat gebruikers in staat stel om rente op gedeponeerde kripto te ontvang of kripto-gewaarborgde lenings uit te neem."
Celsius, wat in 2017 deur Alex Mashinsky, uitvoerende hoof, gestig is, het vinnig gegroei vanweë sy aantreklike rentekoerse vir gebruikers wat verlede jaar 'n waardasie van $3.5 miljard gebruik het. Die maatskappy het homself egter vasgevang in 'n likiditeitskrisis met die meeste van sy kripto-bates wat langs die breë kripto-mark depresieer, ten spyte van sy skuldrentekoerse wat steeds hoog bly. Finansiële wanbestuur en die Terra-geïnduseerde stablecoin-inploffingsstorm, wat wydverspreide verliese vir verskeie prominente rolspelers in die bedryf veroorsaak het, sou Celsius later op sy knieë bring.
That said, while a favourable outcome could come out of Ripple’s quest, it is unclear if the firm seeks to acquire Celsius altogether. In June, a source revealed that FTX “was interested in making a deal with Celsius but walked away” because of the irredeemable state of its finances, instead settling on BlockFi.
Oorspronklike bron: ZyCrypto