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The assets include illiquid holdings of cryptocurrencies, a portfolio of institutional loans, private equity and venture capital investments, Celsius’s mining business and $500M in “liquid cryptocurrency."
Hoboken-based Celsius Network has selected a proposal from Fahrenheit LLC as the winning bid of a court-approved auction process.
Fahrenheit won the bid after venture capital firm NovaWulf initially was named the winner of the auction in mid-April.
Tools for Humanity, a crypto-focused project co-founded by OpenAI CEO Sam Altman, raised $115 million to build out its Worldcoin.
The assets include a loan portfolio, mining rigs and infrastrsucture and cryptocurrency worth as much as $2 billion.