The Bahamas-based cryptocurrency-trading platform has won an auction to buy Voyager Digital’s crypto assets for about US$1.4 billion. (The Logic)
Skip to content
The Bahamas-based cryptocurrency-trading platform has won an auction to buy Voyager Digital’s crypto assets for about US$1.4 billion. (The Logic)
Talking point: FTX CEO Sam Bankman-Fried has made yet another deal involving a crypto firm that fell on hard times following the summer’s crash. FTX, which counts the Ontario Teachers’ Pension Plan as an investor, is deeply entwined with Toronto Stock Exchange-listed Voyager. Bankman-Fried’s trading firm Alameda, which agreed last week to return about US$200 million worth of Bitcoin and Ether it had borrowed from the crypto lender, is a borrower, lender and investor to Voyager. In July, Voyager called a FTX’s bid to acquire its digital assets and digital asset loans “a low-ball bid dressed up as a white knight rescue.” Binance, Wave Financial and trading platform CrossTower reportedly also made bids for Voyager’s assets, according to The Wall Street Journal.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
EDC wants to help sell the full stack of Canadian technology abroad
Briefing
First Nations object to Bell’s Saskatchewan data-centre plans
Oilpatch profits surged 68%, outpacing spending
SEC warns asset managers against co-ordinating activist campaigns
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
