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

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

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.