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Nexo Proposes Celsius Buyout as Rival Lending Platform Halts Withdrawals

Celsius said it also paused its swap and transfer products and did not provide a timeline for resuming withdrawals.

Nexo said it was particularly interested in acquiring Celsius’ collateralized loan portfolio. (Sharon McCutcheon/Unsplash)
Nexo said it was particularly interested in acquiring Celsius’ collateralized loan portfolio. (Sharon McCutcheon/Unsplash)