News Explorer — Terra Blockchain Creator Is Selling Off Its Businesses

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Jul 10, 5:22 pm

The Defiant

Terra Blockchain Creator Is Selling Off Its Businesses

Terraform Labs, the firm behind the collapsed Terra blockchain, is looking to sell four of its businesses, including Pulsar Finance, Station, Enterprise, and Warp, as part of its wind-down of operations under the terms of its settlement with the U.S. Securities and Exchange Commission. The sale process aims to maximize value for creditors and stakeholders.

Terraform Labs, the firm behind the collapsed Terra blockchain, is looking to sell four of its businesses, including Pulsar Finance, Station, Enterprise, and Warp, as part of its wind-down of operations under the terms of its settlement with the U.S. Securities and Exchange Commission. The sale process aims to maximize value for creditors and stakeholders.

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