OPNX offered Hodlnaut $30 million worth of FLEX tokens to purchase 75% of its shares.
BlockBeats news, August 6th - According to sources, crypto claims and trading platform OPNX plans to inject $30 million worth of FLEX tokens into crypto lending platform Hodlnaut to assist in paying off some of the creditors and complete the claims process.
As per the relevant terms, after the FLEX investment, OPNX will hold 75% of Hodlnaut's shares. The document mentions that if creditors agree to the plan, they will receive 30% of FLEX and other token claims or up to 95% of the total available enterprise asset pool, whichever is higher, in proportion to their claim.