The Berlin-based crypto platform Nuri filed for bankruptcy on Tuesday after unsuccessful talks with investors. The company, which was founded in Berlin in 2015, applied to the district court to open insolvency proceedings. The cooling off of the capital markets, the insolvency of the US crypto bank Celsius Network and the downturn on the crypto markets had a lasting impact on Nuri GmbH, the company said. “We are confident that the insolvency proceedings in the current company situation represent the best basis for developing a long-term viable restructuring concept,” explained Nuri boss Kristina Walcker-Mayer. Balances of Nuri customers in the bank accounts, crypto wallets and the so-called Nuri pot investments are not affected. “Even during the insolvency proceedings, Nuri customers continue to have guaranteed access to their deposits and can withdraw them in full at any time,” the statement said on Tuesday. The euro deposits and crypto assets are protected through Solaris Bank. According to the crypto platform, it has around 500,000 customers and wants to continue its app, products and services unchanged.
Crypto platform Nuri goes bankrupt – Economy
