Stream Finance: Exploring Asset Liquidation and Distribution Plans
2026-05-12 00:33
Odaily reported that Stream Finance posted on the X platform, stating that the Stream trading protocol is exploring ways to maximize the value of client and creditor assets, with the goal of integrating, liquidating, and distributing assets as quickly and prudently as possible. The team is currently considering several strategic alternatives that require the participation of clients and creditors, and further details are expected to be provided in the coming weeks. Inquiries can be directed to Jeremiah Ledgwidge of Cooley LLP.
In November last year, Stream Finance disclosed an asset loss of $93 million and suspended withdrawals, following which XUSD significantly de-pegged.
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