Crypto firm Ctrl Wallet is up for sale, bid deadline is end of this month

Odaily News Emile Dubie, CEO and founder of multi-chain self-custodial wallet solution Ctrl Wallet, said in an interview that the company is for sale and the sale process was initiated after the company received two M&A proposals at the end of last year. The wallet provider (formerly known as XDEFI) received an acquisition offer from a crypto protocol and a proposal to merge with a large decentralized exchange (DEX). Dubie added that the company subsequently hired investment bankers to organize the sales process and was advised by Imperii Partners. The auction process is underway, with the deadline for bids being January 28, and the winning bidder is expected to be announced on January 31. (CoinDesk)