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Binance US to Acquire Voyager’s Assets in $1B Agreement

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By 247patrick Published
Binance US to Acquire Voyager’s Assets in $1B Agreement

© frender / iStock via Getty Images

Voyager Digital has entered into an agreement with Binance US for the latter to acquire the former’s assets.

Binance US had previously placed a bid to buy the assets of the bankrupt crypto business.

The agreement is valued at approximately $1B and will consider Voyager’s crypto portfolio at fair value and an additional premium of $20M.

Binance US aims to make customers of the troubled crypto firm whole again.

This article originally appeared on The Tokenist

Contact [email protected] for any questions or corrections.

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