PANews
PANews|May 12, 2026 00:28
[Stream Finance: Exploring Strategic Plans for Asset Liquidation and Distribution] Stream Finance posted on the X platform that its operating entity, Stream Trading Protocol, is researching various strategic plans to maximize asset value and benefit customers and creditors. The goal is to integrate, liquidate, and distribute assets as quickly and prudently as possible under the current circumstances. The implementation of these plans will require some level of participation from customers and creditors. More details are expected to be announced in the coming weeks. Previously, in November last year, Stream Finance disclosed a $93 million asset loss and suspended withdrawals, which subsequently led to a significant depeg of XUSD. At the time, analysts suggested that Stream Finance's $93 million loss could result in an exposure exceeding $285 million.
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