3AC liquidators to sell company’s NFTs to clutch rate amid monetary catastrophe

3AC liquidators to sell company’s NFTs to clutch rate amid monetary catastrophe

Nonfungible tokens (NFTs) belonging to the bankrupt hedge fund Three Arrows Capital (3AC) may per chance per chance be sold by its liquidators Teneo, according to a contemporary announcement.

In a sight dated Feb. 22, joint liquidator Christopher Farmer introduced that the liquidators intend to delivery the sales of NFTs that belong to 3AC. The announcement highlighted that the sale would be done to “heed the cost of the NFTs for the functions of the liquidation.” In accordance to the announcement, the sales will delivery 28 days after the sight.

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