2023-04-21
Voyager
Digital is a company that offers a platform for trading and investing in
cryptocurrencies. It allows users to buy, sell, and exchange various digital
assets, such as Bitcoin, Ethereum, Litecoin, and more. Voyager Digital also
provides features such as interest earning, portfolio management, and market
analysis. Voyager Digital is a regulated and licensed entity in the US, Canada,
and Europe.
Voyager
Digital filed for bankruptcy in July 2022 because it had an exposure to a
bankrupt crypto hedge fund “Three Arrows Capital”. At first FTX won the bid to
acquire Voyager Digital. However, FTX went bankrupt. So, Binance.US won the bid
to purchase Voyager Digital because it is the second company that offer to
acquire Voyager Digital.
US federal government approved Binance.US
to acquire voyager for $1 billion. Binance.US will proceed to acquire Voyager Digital Holdings for $1 billion.
