This is the end of another twisting crypto soap opera.
The Voyager Digital lending platform will eventually be acquired by Binance US, the US subsidiary of the world's largest crypto-asset exchange, Binance.
Forced in the summer to file for US bankruptcy after stablecoin TerraUSD collapsed and hedge fund Three Arrows Capital defaulted, brokerage and lending firm Voyager Digital signed a first memorandum of understanding redemption with FTX.
At the time, its CEO Sam Bankman-Fried put $1.4 billion on the table to acquire the crypto platform.
The rest of the story made the operation obsolete...
Several players had therefore entered the ranks since the reopening of the call for tenders, including Binance US.
In November, in an interview with Bloomberg, its managing director Changpeng Zhao indicated that Binance US would renew its offer to Voyager Digital.
The agreement announced Monday, December 19 relates to an amount of 1.022 billion dollars.
A choice that focused on "the
highest and best offer
" for the assets of Voyager, "
with the main objective of maximizing the value returned to customers and other creditors in an accelerated period
", explains the press release published by Voyager Digital.
The agreement must still be approved by the bankruptcy court on January 5, 2023. It is a new hope for the approximately 100,000 customers injured by the rout of the brokerage company, to recover all or part of their assets.
/cloudfront-eu-central-1.images.arcpublishing.com/prisa/KMEYMJKESBAZBE4MRBAM4TGHIQ.jpg)
