REUTERS/Dado Ruvic Purchase Licensing Rights March 7 (Reuters) - Bankrupt crypto lender Voyager Digital received court approval on Tuesday to sell its assets and transfer its customers to Binance.US in a deal valued at $1.3 billion, but the company faces additional hurdles before the sale becomes final.
Is Voyager digital going out of business?
Shroder says the company’s goal is to give Voyager customers access to their assets next March. In July, Voyager Digital filed for Chapter 11 bankruptcy just days after the collapse of the crypto hedge fund Three Arrows Capital (3AC).
What is Voyager's sale agreement?
This sale agreement follows Voyager's July 5, 2022 entrance into a voluntary restructuring process aimed at returning maximum value to customers. Additional information about the timeline and customer access to crypto will be shared as it becomes available.
