According to a source familiar with the matter, Binance.US, the American branch of the world’s largest cryptocurrency exchange, is considering a bid for the insolvent lender platform Voyager Digital.
A prior auction, which concluded at the end of September last year, saw the now-defunct FTX emerge as the white knight, prevailing over competitors Wave Financial and Binance. CoinDesk also stated that Binance’s proposal for the U.S.-based Voyager was rejected because of national security concerns.
Voyager stated it has reopened the bidding process for the firm and is in active conversations with potential bidders in response to FTX’s announcement last week that it will file for bankruptcy. Wave Financial and trading platform Cross Tower are reportedly in the race.
A prior auction, which concluded at the end of September last year, saw the now-defunct FTX emerge as the white knight, prevailing over competitors Wave Financial and Binance. CoinDesk also stated that Binance’s proposal for the U.S.-based Voyager was rejected because of national security concerns.
Voyager stated it has reopened the bidding process for the firm and is in active conversations with potential bidders in response to FTX’s announcement last week that it will file for bankruptcy. Wave Financial and trading platform Cross Tower are reportedly in the race.
