Ctrl Wallet initiates the selling process and expects to confirm the buyer by the end of January.

Ctrl Wallet (formerly known as XDEFI), a multi-chain self-custody Wallet company, has initiated the sale process. Its CEO Emile Dubie revealed to CoinDesk that the company had previously received an acquisition offer from an encryption protocol and a merger proposal from a large Decentralization exchange (DEX) at the end of last year. Currently, Ctrl Wallet is being provided with financial advisory services by Imperii Partners and is organizing an auction through investment banks. It is expected to submit bids on January 28 and announce the final buyer on January 31. (CoinDesk)