Cryptocurrency Lender Hodlnaut Rejects OPNX's Buyout Amid Falling Token Value

Recent reports reveal that Hodlnaut, a once-prominent cryptocurrency lender currently under interim judicial management, has turned down a takeover bid from the cryptocurrency platform OPNX. This decision came to light when the settlement tokens value nosedived, losing a significant 90% of its initial worth. The proposal to take over Hodlnaut came from OPNX, a brainchild of Kyle Davies and Su Zhu who previously co-founded the now-defunct hedge fund, Three Arrows Capital. However, the takeover bid met resistance, with Hodlnauts interim managers highlighting the proposals reliance on the...



source: https://tokenpost.com/Cryptocurrency-Lender-Hodlnaut-Rejects-OPNXs-Buyout-Amid-Falling-Token-Value-10698

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