DeFi platform Stream Finance announced on X that it has initiated a process to consolidate, liquidate, and distribute assets for its customers and creditors. It stated that multiple strategies are being reviewed, and customer and creditor participation is required regardless of the method. Details are expected to be disclosed within weeks. Stream Finance had previously filed a lawsuit in a U.S. federal court against those responsible after incurring approximately $93 million in losses from assets managed by an external fund manager late last year.
