The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to comply with its multi-billion SEC deal.
Bankrupt crypto firm Terraform Labs is looking to sell four of its businesses as part of a $4.5 billion deal with the United States securities regulator that sees it winding down operations.
Terraform said on July 9 that it is “actively exploring options” to sell its portfolio tracking platform Pulsar Finance, crypto wallet platform Station, the no-code decentralized autonomous organization (DAO) management platform Enterprise and its smart contract automation protocol Warp.
Terraform acquired Pulsar Finance in November 2023, just months before it filed for Chapter 11 bankruptcy in Delaware in January. The company launched Enterprise a year earlier in November 2022.
