Everything you need to know about Vauld; number of customers, key investors, and the way forward
Vauld, founded in 2018 by Darshan Bathija and Sanju Kurian, offered a range of services to cryptocurrency investors. It was initially called ‘The Bank of HODLers’.
- Jul 6, 2022,
- Updated Jul 7, 2022 3:02 PM IST
Cryptocurrency exchange Vauld, which had halted deposits, trading, and withdrawals on its platforms, citing "financial difficulties" in the midst of the tumultuous phase in crypto markets; is in talks with Nexo for its 100 per cent acquisition, as BT reported earlier.
But how many investors were using the exchange? Who were the other stakeholders? What would be the way forward, find out here: .
Vauld downsized its workforce by 30 per cent last month blaming the general economic downturn. Many speculations are being made that the exchange would reduce its headcount again but the exchange has not commented on the same.
Moreover, the exchange also reduced the compensation of its executive employees drastically to cut costs.
Also Read: All you need to know about TDS on cryptos in 5 points - BusinessToday
Also Read: What is the OneCoin scam promoted by Cryptoqueen Ruja Ignatova? - BusinessToday
Cryptocurrency exchange Vauld, which had halted deposits, trading, and withdrawals on its platforms, citing "financial difficulties" in the midst of the tumultuous phase in crypto markets; is in talks with Nexo for its 100 per cent acquisition, as BT reported earlier.
But how many investors were using the exchange? Who were the other stakeholders? What would be the way forward, find out here: .
Vauld downsized its workforce by 30 per cent last month blaming the general economic downturn. Many speculations are being made that the exchange would reduce its headcount again but the exchange has not commented on the same.
Moreover, the exchange also reduced the compensation of its executive employees drastically to cut costs.
Also Read: All you need to know about TDS on cryptos in 5 points - BusinessToday
Also Read: What is the OneCoin scam promoted by Cryptoqueen Ruja Ignatova? - BusinessToday