Voyager Sells Assets to Binance.US for $1 Billion, Overcoming Obstacles
Crypto exchange Voyager Digital Holdings has reportedly reached a $1 billion agreement with Binance’s American branch to sell its assets, according to the Voyager Official Committee of Unsecured Creditors. Despite concerns from regulators like the SEC and FTC, Voyager and Binance.US are pushing for the deal to move forward as quickly as possible, with the government agreeing that the acquisition can proceed without a specific provision.
This agreement comes after Voyager filed for bankruptcy last July and actively worked to reimburse its investors. While Binance.US’s regulatory hurdles may impact the deal’s finalization, the Voyager-Binance.US deal seems to be on track.
Clever Robot News Desk 22nd April 2023