Get unlimited access to our best features
Subscribe now

No rescue for Terra: Swiss asset manager denies $3B LUNA/UST bail-out talks By Cointelegraph

Summary by Ground News
Swiss asset manager GAM Holding said on Friday it is negotiating with Terra developer Terraform Labs to potentially support its UST stablecoin. GAM said it could possibly invest between $2 billion and $3 billion to burn excess supply of UST. The move comes amid reports that Terra was courting private capital help for supporting the UST peg.
3 months ago

News Articles

More Filters
All
Left
Center
Right
Cointelegraph

No rescue for Terra: Swiss asset manager denies $3B LUNA/UST bail-out talks

GAM Investments has called fake news on a fabricated announcement claiming it would invest $3 billion to help Luna/UST recovery efforts.

3 months ago
Read Full Article
Investing.com

No rescue for Terra: Swiss asset manager denies $3B LUNA/UST bail-out talks By Cointelegraph

No rescue for Terra: Swiss asset manager denies $3B LUNA/UST bail-out talks

3 months ago
Read Full Article

No rescue for Terra: Swiss asset manager denies $3B LUNA/UST bail-out talks

GAM Investments has called fake news on a fabricated announcement claiming it would invest $3 billion to help Luna/UST recovery efforts.

3 months ago
Read Full Article

Swiss Asset Manager GAM and Terra Negotiate a $3 Billion Bailout

GAM Holding has emerged as the first global giant to offer its help to Terra and its deteriorating ecosystem.

3 months ago
Read Full Article

Swiss Asset Manager GAM Looks Forward To Back Terra’s UST Peg! Will LUNA Reclaim $1?

Terra, which was among the largest cryptocurrencies, has dropped below $1 crashing by almost 99% overnight and this move has wiped out 95% of investors’ wealt

3 months ago
Read Full Article

Breaking: Terra In Talks For Bailout With Swiss Asset Manager GAM

Swiss asset manager GAM Holding said on Friday it is negotiating with Terra's lead developer to potentially support the UST stablecoin.

3 months ago
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

100% of the sources are Center
Cointelegraph
Investing.com
C 100%
See less detail