Битваво ће унапред финансирати закључану имовину ДЦГ-а у вредности од 296.7 милиона долара усред кризе ликвидности

The Digital Currency Group and its affiliates (DCG), which manages $296.7 million (280 million euros) in deposits and digital assets of crypto exchange Bitvavo for off-chain staking services, suspended repayments citing liquidity problems amid the bear market. However, Bitvavo announced to prefund the locked assets, preventing DCG-induced service disruption for users.

With users proactively exploring self-custody options as a means to safeguard their funds, an acute liquidity crisis is expected to loom over exchanges. DCG cited liquidity problems as it suspended repayments, temporarily halting users from withdrawing their funds. Bitvavo, on the other hand, decided to prefund the locked assets to ensure that none of its users are exposed to DCG liquidity issues.

“The current situation at DCG does not have any impact on the Bitvavo platform,” read the објава as the company guaranteed no service disruption to its users. According to Bitvavo, DCG intends to share a plan for reimbursing the outstanding deposits over time.

Moreover, Bitvavo maintains that DCG’s debt will have no negative impact on its day-to-day operations as the company “has been making a profit since its inception and is in a financially solid position.” The company further reassured the status quo even if DCG failed to keep their end of the bargain up.

Bitvavo manages nearly $1.7 billion (1.6 billion euros) in deposits and digital assets, which are held 1:1 and fully redeemable by the users.

Релатед: Битцоин узима ликвидност близу 17 хиљада долара јер амерички долар показује слабост пре-ЦПИ

Owing to the massive outflow of funds from exchanges, Binance — the crypto exchange with the highest trading volume — suffered from a decline in liquidity.

Према Нансен техничару Ендру Турману, пад ликвидности је можда делимично проузрокован одласком великих маркет мејкера ​​са берзе.