According to The Block, citing people familiar with the matter, Nexo has once again extended the due diligence time for the acquisition of Vauld, and this time extension will depend on the time Nexo needs, with no upper limit. Nexo is "cautiously optimistic" about a potential acquisition after meeting with Vauld executives in Singapore, the people said. Vauld had previously applied to the Singapore court for a three-month protection period. If Vauld cannot confirm a follow-up solution before November 7, it may be forced to liquidate.