Binance.US cancels $1.3B deal with Voyager Digital.
TL;DR Summary
Binance.US has cancelled its $1.3 billion deal to buy assets of bankrupt crypto lender Voyager Digital, citing a "hostile and uncertain regulatory climate." Voyager had been looking to raise funds through an asset sale to repay creditors after it collapsed into bankruptcy last year. The company had initially agreed to sell its assets to major digital asset exchange FTX, but that deal fell apart when FTX imploded in November.
- Binance.US calls off $1.3 billion deal for Voyager's assets Reuters
- Binance Pulls Out Of Deal To Acquire Voyager Digital Assets, Here's What's Next - Voyager Digital (OTC:VY Benzinga
- Voyager Digital Says Binance.US Sent Letter Terminating $1B Asset Buy Deal CoinDesk
- Binance US Ends $1 Billion Deal to Buy Bankrupt Crypto Firm Voyager Bloomberg
- Binance.US says no deal to Voyager Digital Fox Business
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
1 min
vs 2 min read
Condensed
78%
308 → 69 words
Want the full story? Read the original article
Read on Reuters