Castler closes Pre-Series A funding of $6 Million led by Flipkart, Capital 2B, IIFL Fintech Fund, Venture Catalysts & Zerodha

How does liquidation escrow work?

Liquidation escrow works as follows:

The parties involved in the transaction agree on the terms of the transaction.

The assets are transferred to the escrow agent.

The escrow agent holds the assets until all of the conditions of the transaction have been met.

Once all of the conditions have been met, the escrow agent releases the assets to the correct party.