Bankrupt crypto lender Celsius Network has attracted 30 potential bidders for its various assets, including its retail platform and mining business.
According to a company presentation filed on Dec. 20, more than 125 parties have been contacted since September, with 30 potential bidders executing non-disclosure agreements — a legal contract used to protect sensitive information about a company or the bidding terms that is typically required during negotiations.
Celsius said that so far, it has received multiple bids proposing a variety of potential transactions and business structures to acquire its assets — such as migrating Celsius customers to the acquirer’s platform along with a haircut of their assets .
The lending platform also revealed it had received a number of single asset bids.
With the bidding deadline reached on Dec. 12, the auction for Celsius’ various assets is now set for Jan. 10, after being pushed back from the original date of Dec. 15, according to earlier…
