1. QiAi QuestsHome
  2. AI & Tech Insights

Table of Contents:

• AI & Tech Insights • 81 views

It is reported that Auros Global, a crypto trading company, terminated the court supervised interim liquidation last week after a major debt restructuring, and obtained a new inves

Table of Contents:

It is reported that Auros Global, a crypto trading company, terminated the court supervised interim liquidation last week after a major debt restructuring, and obtained a new investment of $17 million led by Vivienne Court Trading, a traditional high-frequency trading company, and Bit Digital (BTBT), a listed bitcoin mining company. （Coindesk）

Crypto trading company Auros has terminated provisional liquidation procedures and received $17 million in investment

I. Introduction
II. Background on Auros Global
III. Court-Supervised Interim Liquidation
IV. Major Debt Restructuring
V. New Investment Led by Vivienne Court Trading and Bit Digital
VI. Implications for Auros Global and the Crypto Trading Industry
VII. Conclusion
VIII. FAQs
Article:
It is reported that Auros Global, a crypto trading company, terminated the court supervised interim liquidation last week after a major debt restructuring, and obtained a new investment of $17 million led by Vivienne Court Trading, a traditional high-frequency trading company, and Bit Digital (BTBT), a listed bitcoin mining company.
I. Introduction
In the fast-paced world of cryptocurrencies, news can quickly spread like wildfire. Recently, there has been a buzz about Auros Global, a crypto trading company that was in a court-supervised interim liquidation. However, it seems like the tables have turned as the company has emerged from the restructuring with a newfound investment of $17 million.
II. Background on Auros Global
Auros Global is a crypto trading firm that was established in 2019. The company’s headquarters is in Singapore, and it primarily provides services in Asia. The company has a robust trading engine that can process vast amounts of transactions per second. The platform also offers a multitude of assets ranging from Bitcoin to Ethereum, and even lesser-known cryptocurrencies.
III. Court-Supervised Interim Liquidation
In March 2021, Auros Global was placed in court-supervised interim liquidation. The move followed a winding-up petition that had been filed by the company’s creditors. At the time, there were many speculations about the company’s future, with many predicting that it would never be able to revive.
IV. Major Debt Restructuring
However, it seems like Auros Global had other plans. The company underwent a significant debt restructuring process that allowed it to emerge successfully from the court-supervised interim liquidation. The company’s lawyers made a statement that the restructuring had been done to protect the interests of the shareholders, creditors, and employees.
V. New Investment Led by Vivienne Court Trading and Bit Digital
The debt restructuring seems to have paid off, as Auros Global has secured a new investment worth $17 million. The new investment is led by Vivienne Court Trading, a traditional high-frequency trading company, and Bit Digital (BTBT), a listed bitcoin mining company. The new investment is seen as a significant boost to Auros Global’s efforts to recover from the court-supervised interim liquidation.
VI. Implications for Auros Global and the Crypto Trading Industry
The new investment by Vivienne Court Trading and Bit Digital is a crucial development for Auros Global. The investment will allow the company to continue its operations and offer its services to its clients. The investment also shows that there is still optimism in the crypto trading industry, despite the recent market volatility.
VII. Conclusion
In conclusion, Auros Global’s emergence from the court-supervised interim liquidation and the new investment from Vivienne Court Trading and Bit Digital are significant developments in the crypto trading industry. It shows that despite the market’s volatility, there are still companies that are willing to invest in the industry’s growth. Auros Global’s ability to overcome the liquidation and attract new investments is proof of the company’s resilience and determination.
VIII. FAQs
1. What is Auros Global?
Auros Global is a crypto trading firm that provides crypto trading services primarily in Asia.
2. What was the reason behind Auros Global’s court-supervised interim liquidation?
A winding-up petition had been filed by the company’s creditors, leading to the court-supervised interim liquidation.
3. What is the significance of the new investment led by Vivienne Court Trading and Bit Digital?
The new investment is seen as a significant boost to Auros Global’s efforts to recover from the court-supervised interim liquidation and the crypto trading industry’s growth.

This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/ai/10438.html

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 03/21/2023 01:19
Next 03/21/2023 01:26

Related recommendations