Announced
Financials
Tags
Joint Venture
Restructuring
FinTech
financial software
United States
Domestic
Pending
Private
Acquisition
Majority
Friendly
Single Bidder
Synopsis
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.
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