© Reuters Binance.US agrees to acquire Voyager assets and reimburse customers tomorrow.
Binance.US has entered into an agreement with Voyager Digital to acquire the assets of the bankrupt cryptocurrency lender in an offer through which Voyager’s customers’ funds will be recovered as quickly as possible and returned to them in the form of cryptocurrency. Binance.US’s offering beat out other industry bidders, such as CrossTower, Wave Financial, and INX, who had acquired Voyager and returned it, according to an official blog post, in cash to customers as soon as possible. “Binance.US quotes reflect the guiding principle of customer first. Our goal, of course, is simple: get crypto back to users on the platform as quickly as possible. We hope that our choice puts an end to the painful bankruptcy process. In the past, customers were dragged unfairly. However, once the deal closes, users will have immediate access to their digital assets on the Biannce.US platform.” Binance.US will deposit $10 million according to the press release, and will also provide funds for expenses. The announcement comes a time of financial turmoil for the blockchain and cryptocurrency industry, with BrianShroder stating on Twitter that “Binance.US assets exceed our liabilities. This allows all our customers to collect their goods tomorrow. It’s their right and we believe we still have hundreds of millions of current assets.” Capital.
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