According to PANews, Terraform Labs, currently in bankruptcy, is looking to sell its four subsidiaries in order to fulfill a $4.5 billion settlement agreement with the U.S. Securities and Exchange Commission (SEC) and gradually cease operations. The four companies in question are Pulsar Finance, a portfolio tracking platform, Station, a cryptocurrency wallet platform, Enterprise, a no-code decentralized autonomous organization (DAO) management platform, and Warp, a smart contract automation protocol.
Bankrupt Terraform Labs Seeks To Sell Four Subsidiaries To Settle With SEC
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