Hodlnaut receives acquisition inquiries from potential investors

HomeCrypto lending
Share this article
Subscribe for weekly updates
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Juntao Zhu & Simon Lee, Co-Founders of Hodlnaut; Photo Source: Hodlnaut (Medium)

Hodlnaut’s interim judicial managers have received inquiries from interested parties who seek to acquire the firm. The inquiries concern the assets owned by the Hodlnaut, including its claims against FTX.

According to Bloomberg’s report, Hodlnaut’s judicial managers are currently engaged in signing non-disclosure agreements (NDAs) with certain interested parties. 

The report revealed that Hodlnaut owed debts amounting to $160.3M to Algorand Foundation (ALGO), Samtrade Custodian, SAM Fintech, and Jean-Marc Tremeaux as of December 9, 2022. The $160.3M sum amounts to 62% of Hodlnaut’s liabilities. 



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


An earlier court filing stated that Hodlnaut had $14M worth of assets on FTX's platform before the exchange filed for bankruptcy in November 2022.

The news came almost a month after Hodlnaut’s creditors rejected its restructuring plan. Instead, the creditors were in favor of liquidating the crypto lender’s assets. 

Hodlnaut is also under investigation by the Commercial Affairs Department of the Singapore Police Force on suspicion of “possible cheating and fraud offenses.”

Written by
Author's profile picture

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

Connect with Ayush on LinkedIn

Hodlnaut’s interim judicial managers have received inquiries from interested parties who seek to acquire the firm. The inquiries concern the assets owned by the Hodlnaut, including its claims against FTX.

According to Bloomberg’s report, Hodlnaut’s judicial managers are currently engaged in signing non-disclosure agreements (NDAs) with certain interested parties. 

The report revealed that Hodlnaut owed debts amounting to $160.3M to Algorand Foundation (ALGO), Samtrade Custodian, SAM Fintech, and Jean-Marc Tremeaux as of December 9, 2022. The $160.3M sum amounts to 62% of Hodlnaut’s liabilities. 



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


An earlier court filing stated that Hodlnaut had $14M worth of assets on FTX's platform before the exchange filed for bankruptcy in November 2022.

The news came almost a month after Hodlnaut’s creditors rejected its restructuring plan. Instead, the creditors were in favor of liquidating the crypto lender’s assets. 

Hodlnaut is also under investigation by the Commercial Affairs Department of the Singapore Police Force on suspicion of “possible cheating and fraud offenses.”

Written by
Author's profile picture

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

Connect with Ayush on LinkedIn
Written by
Ayush Pande