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CoinFLEX recovery plan includes tokenized bad debt and more yields

CoinFLEX recovery plan includes tokenized bad debt and more yields

Crypto investment platform CoinFLEX aims to rectify its liquidity shortage and restart user withdrawals by selling off bad debt through a new $47 million token offering. The new token is known as Recovery Value USD (rvUSD) and will be worth $1.00 each. It is designed to help CoinFLEX recover $47…