Voyager Digital, a crypto lending company that recently declared bankruptcy, has made headlines with its $1 billion transaction with Binance.US. After several ups and downs, the company has finally reached an agreement with the U.S. Federal Government to proceed with the deal.
Binance.US will acquire all the assets of Voyager, which include stablecoins and digital assets worth $257,400,495. However, the highlight of Voyager’s holdings is over 3.1 trillion Shiba Inu, currently valued at around $32 million.
The recent deal with Binance.US will help Voyager overcome its financial losses during the 2022 bear market. It will also help Binance.US to expand its presence in the US crypto market.
This development comes as good news for crypto enthusiasts, who are always looking for positive news in the crypto space. The success of this deal is also a positive sign for the overall health of the crypto market.
In conclusion, the Voyager Digital deal with Binance.US is a positive development for the crypto industry. It shows that even in challenging times, the industry can come together and find solutions to problems. With the deal now concluded, it will be interesting to see how the industry responds and what the future holds for these companies.
Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. The information provided may not be accurate or complete, and there may be errors or omissions. Please do your own research before investing in any cryptocurrency or making any financial decisions.