Crypto Exchange FTX Wins Bankrupt Firm Voyager’s Assets
- The FTX US bid has $111 million of ‘additional consideration’
- Crypto rout contributed to Voyager’s bankruptcy filing in July
This article is for subscribers only.
FTX US, the digital-asset exchange founded by billionaire Sam Bankman-Fried, won the auction for the assets of bankrupt crypto brokerage Voyager Digital Ltd.
The agreement is valued at about $1.4 billion, comprising an “additional consideration” worth about $111 million and the $1.3 billion market value of all the cryptocurrency at the bankrupt platform, according to a statement from Voyager Digital on Monday in New York.