David Ruscoe and Russell Moore from Grant Thornton New Zealand have been appointed liquidators of Digital Asset Exchange Limited (trading as ‘Dasset’), a New Zealand digital assets trading platform.
Dasset’s management says a significant reduction in asset values and trading levels impacted its ability to trade profitably. It was determined the appointment of liquidators was in the best interests of all stakeholders.
The liquidators’ immediate focus is on securing and protecting Dasset’s assets.
Moore stated, “We understand users and creditors will be disappointed by the news that Dasset has gone into liquidation. The process of securing the assets is complex; there are third parties involved and nearly 100 different types of digital assets. We will work with management and third parties to resolve any issues as soon as possible, and we will update all stakeholders on progress as regularly as possible”.
Grant Thornton will be contacting all customers and suppliers about its appointment in the next few days.
An initial report will be available on the New Zealand Companies Office website next week. No further comment will be made until more information is available.