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Stream Finance Seeks to Liquidate Assets Following $93M Loss Last November

GateNews

Exchange Risk Security Incidents

2026-05-12 00:40:05

According to Stream Finance’s official statement on X, the trading protocol is seeking methods to maximize asset value for customers and creditors, with the goal of consolidating, liquidating, and distributing assets swiftly and prudently. The team is considering several strategic alternatives requiring customer and creditor participation, with more details expected in the coming weeks. This follows the protocol’s disclosure last November of a $93 million asset loss and subsequent suspension of withdrawals, which triggered a significant depegging of XUSD.

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