Voyager Digital announced that it has signed an agreement to acquire the assets of Binance US.
Voyager Digital has announced that it will put its remaining assets up for auction on September 13 as part of its bankruptcy proceedings. Later, Binance and FTX made an offer to buy the assets of Voyager Digital, which declared bankruptcy. Before Voyager in the future FTX We witnessed its collapse. Binance CEO CZ said he would make another bid for Voyager in November. Now it is stated that Voyager and Binance US have signed an agreement.
Binance US Acquires Voyager Digital Assets
Binance US‘s proposal to Voyager sets a clear path forward for exchange clients’ funds to be unlocked as soon as possible and returned to them in the form of cryptocurrencies previously held in their Voyager account.
The Binance US offering is worth approximately $1.22 billion, and this will be used for court-approved payments and the same crypto refunds to customers in line with the platform capabilities.
Voyager Digital LLCwill seek approval from the bankruptcy court to enter into an asset purchase agreement with Binance US at the hearing on January 5, 2023.
