Binance And FTX Compete For Voyager With A Bid Of Around $50 Million

Currently, Binance and FTX are still looking to acquire the assets of the troubled crypto company Voyager. Bid by both parties is in the range of $50 million, Binance currently has a higher bid than FTX. Voyager has yet to accept any offers.

As mentioned in an earlier Coincu News article, Binance and FTX are both working to buy back the assets of troubled crypto company Voyager.

According to an announcement from Voyager, the bid for Voyager’s property is due on September 6 in a sale that takes place through its bankruptcy case. According to CoinMarketCap, an auction, if needed to select a winner, will take place on September 29.

Binance and FTX have made the highest bids of around $50 million for the assets of the defaulting crypto lender Voyager Digital, according to sources familiar with the matter who spoke to Wall Street Journal.

Not long before that, FTX led the way in Voyager Digital’s asset acquisitions. However, according to the WSJ report, currently the exchange of billionaire CZ is having a higher bid than FTX. And so far, none of the proposals have been approved.

Binance and FTX have not yet commented on the matter.

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