Binance US to Buy Bankrupt Voyager Digital's Assets for $1 Billion
- Crypto platform’s valuation fell after sale to FTX imploded
- Deal values Voyager’s crypto portfolio at just over $1 billion
Source: Binance.us
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Crypto exchange Binance.US will buy Voyager Digital’s assets out of bankruptcy in a deal worth $1.022 billion, a discount to an earlier, failed sale struck with FTX.
Voyager selected Binance.US as the highest and best bidder after reviewing options, the company said in a statement Monday. The bid “sets a clear path forward for Voyager customer funds to be unlocked as soon as possible,” according to the statement, and the company will aim to return crypto to its customers in kind.