According to people close to the subject, cryptocurrency credit institution Voyager Digital attracts the attention of Binance, one of the giants of the industry.
Voyager had further deepened the decline by crashing during the cryptocurrency price drop.
A source said that US-based exchange Coinbase is considering a similar deal but has withdrawn.
Offers for Voyager Expire Tomorrow
Offers for Voyager assets will close on Friday in a sale process under Chapter 11 bankruptcy. An auction will be held on August 29, if necessary, to select the winner.
According to a presentation by the company’s lawyers earlier this month, at least 22 investors have done the due diligence and indicated they are interested in bidding on Voyager’s assets, so Binance, FTX and Coinbase are likely not the only suitors.
“Eager to Buy Binance Voyager”
Binance, the world’s largest crypto exchange, is keen to acquire Voyager, according to industry sources who learned of the company’s interest. “Binance is excited and following closely,” said one of those individuals. A second person said the exchange was “very insistent on corporate buying.”
A Binance spokesperson said, “We have a policy of disclosing deals only after they are finalized and we cannot confirm or reject any potential deals.”
Changpeng Zhao, the company’s CEO, said in an interview with the New York Times last week that Voyager, as well as another bankrupt crypto lender, Celsius Network, had approached his company to discuss the asset sale. “Our team is interested in all these talks,” he said in an interview.
*Not investment advice.
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