Binance. US Buys Voyager Assets for $1.02B

[{"selector":"#anim-539a0340-84cb-45d8-9cb5-1c9f720e7bdd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(47.566105834128166%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Binance's acquisition of Voyager's assets follows CoinDesk's story last month.

[{"selector":"#anim-77daaaf1-49dd-4382-a33c-d25d9403cfbd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(14.444132723737873%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Binance stated Voyager Digital. US will buy its assets for $1.022 billion, the corporation announced Monday.

[{"selector":"#anim-52fdcfb6-84f9-455c-9c29-bca48eb5fcad [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(48.28509127635783%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] The bid represents Voyager's cryptocurrency portfolio's fair market value.

[{"selector":"#anim-b5de60f5-6f75-4a7a-b4d0-83fa4d04f73a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-54.44230783943331%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] which has a market value of $1.002 billion and $20 million in incremental value.

[{"selector":"#anim-785d4e4e-0c58-4c92-ac35-f85ee46efd68 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(51.81730780788284%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Last month, Binance CEO Changpeng "CZ" Zhao stated the exchange's U.S. arm will bid again for Voyager Digital.

[{"selector":"#anim-bfc2878c-fa66-4627-90bd-4345ce32370c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(5.556039070572652%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] CoinDesk reported that Binance was considering an offer for the bankrupt crypto lender's assets.

[{"selector":"#anim-1dfb5326-9b3f-40a4-a34c-a1045a9d4fb7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(28.93339755556636%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] Binance. US will deposit $10 million in good faith and reimburse Voyager up to $15 million. Learn more