CrossTower Considers Making Further Acquisitions After Voyager Digital's Bid
Following FTX US’s failed bid for bankrupt lender Voyager Digital following its application for Chapter 11 bankruptcy protection, CrossTower made a proposal for the company.
CrossTower President Kristin Boggiano said the company and several of its backers have thought about establishing a rescue venture fund of their own, despite the CEO Kapil Rathi‘s claim that the company has no plans to contribute to Binance’s initiative to create an industry fund.
According to Rathi, the company is in a great place to acquire firms with satisfied clients and a strong balance sheet, but investors are still being cautious.
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