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OPNX to Launch Bankruptcy Tokenization Product for Celsius Users in a Week

OPNX co-founder Mark Lamb and Vishal Shah, CEO of partnering firm Heimdall, have announced that their bankruptcy tokenization product will be available for Celsius users in a week. This product will allow users with frozen funds on defunct crypto platforms to unlock their underlying value.

OPNX's main focus is on tokenized bankruptcy claims or Real World Assets (RWA), which sets them apart from other exchanges that list the same tokens but are not specialists in any one area.

The bankruptcy claim product will be available for Celsius users from May 29, and it takes away the uncertainty of dealing with bankruptcy claims by giving claimants tokens to recoup locked funds or use for futures trading.

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