[Altura Updates Treasury Disposal Progress, Redemption Remains Suspended]
Altura released a community update stating that redemption remains suspended and will only be reopened once all treasury assets have been fully recovered, credited, reconciled, and independently verified. Currently, no security incidents have occurred, and no asset losses have been reported. The market-making strategy has been fully exited, with approximately $9.6 million in funds; about 90% of the MF-One position has been lent through Morpho, with approximately $1.27 million in funds managed by Cobo; the Inessa position has initiated its exit, with an estimated recovery of approximately $21.91586 million, which will subsequently be transferred to Altura's bank account in batches of $1 million to $2 million per banking day. Negotiations for the exit of the Travessia Credit position are still ongoing. Altura believes that all AVLT holders will eventually be able to redeem their holdings in full.
