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

Photo of 247patrick
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

Photo of 247patrick
About the Author 247patrick →

Continue Reading

Top Gaining Stocks

TECH Vol: 51,749,631
MU Vol: 83,050,567
AMAT Vol: 16,508,167
GLW Vol: 25,707,204
TER Vol: 7,039,159

Top Losing Stocks

CTRA Vol: 73,319,495
AAPL Vol: 107,414,428
TJX Vol: 8,561,527
ROST Vol: 4,334,063
DELL Vol: 11,179,171