Figure Technologies-backed NovaWulf and Celsius to form NewCo.

Figure Technologies-backed NovaWulf, a digital asset investment firm, and Celsius, a bankrupt cryptocurrency lending company, to form NewCo. Financial terms were not disclosed. "We are excited to partner with NovaWulf to provide the technology infrastructure needed for this reorganization. Our companies are very complementary, and we are both looking to do something transformational," Mike Cagney, Figure CEO and Co-Founder.