The hefty price tag is composed of the estimated market value of Voyager’s assets plus $111 million in incremental value. Following the bankruptcy filing of beleaguered crypto exchange and investment platform Voyager Digital back in July, the bankrupt firm’s leadership has explored multiple avenues that would potentially allow them to make a comeback and return assets to its customers. Shortly after Voyager declared bankruptcy, FTX offered to bail it out in order to keep it afloat. However, the proposal was quickly spurned by Voyager, who struck back at the SBF-led exchange in a heavy-handed court document. The weeks of deliberation leading up to the final offer saw the estimated price of Voyager assets rise to about $1.422 billion, according to a press release published by Voyager Digital earlier today.
FTX Wins Auction for Voyager Digital Assets Worth Over 1 Billion
