Crypto Live News

Who Will Acquire Voyager Digital Assets – Binance Or FTX Exchange?

Written by: Qadir AK

Written by right arrow

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

  • author facebook
  • author twitter
  • linkedin

Sep 21, 2022

news-image

The auction of Voyager Digital assets began earlier this month on September 13 after Voyager filed for Chapter 11 bankruptcy in July 2022, after facing major liquidity issues amid the crypto market crash. With FTX and Binance leading the auction, many players like CrossTower and Wave Financial also participated.

The current latest report reveals that the two topmost exchanges Binance and FTX are in the race to acquire the assets of bankrupt crypto lender Voyager Digital. People known to the matter told WSJ that FTX and Binance are in a tight race to hold some Voyager assets. Notably, Binance’s current bid is $50 million higher than that of FTX. The winning bid will be disclosed on September 29 or even earlier.

Back to top button