Exciting news in the crypto world! According to a recent Bloomberg report, Celsius is considering the issuance of a new token as part of its reorganization plans.
The aim is to raise funds and repay creditors. In a court hearing, Celsius’ attorney stated that a publicly-traded company could raise more money for creditors compared to selling its limited assets.
The plan is currently being discussed with creditor groups and will be voted on; stay tuned for updates!
