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Crypto Giant Binance and FTX Bid for Voyager's Asset for Roughly $50M

Source: Gin

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Binance, the leading global blockchain services provider, and FTX, another crypto giant, have made the top bids of roughly $50 million for the assets of insolvent crypto lender Voyager Digital, according to sources familiar with the matter.

Binance's current bid is slightly higher than FTX's. However, neither offer has been accepted yet, according to the sources.

Earlier this month, the crypto lender held an auction to sale its remainder assets. Binance and FTX were in hunt to acquire Voyager, and then Wave Financial, a digital-asset investment joined the competition. FTX was in lead to buy Voyager's assets with higher bid at that time, as reported.

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