After several months of uncertainty and setbacks, Voyager Digital announced Binance.US has given up on the acquisition. The post Binance.US Gives Up On $1B Voyager Acquisition appeared first on Tokenist.
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- On Tuesday, April; 25th, Voyager Digital announced that Binance.US has decided to terminate their acquisition agreement.
- The acquisition was initially announced in December 2022 but has since been hotly contested by authorities.
- In early March, the acquisition agreement has been officially approved by a US court.
- Voyager stated that while disappointed with the development, it “will now move swiftly to return value to customers via direct distributions.”
- Since filing for bankruptcy in July 2022, Voyager has been struggling with finding a buyer.
- Before its own collapse, FTX placed the winning bid for Voyager’s assets in October.
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The post Binance.US Gives Up On $1B Voyager Acquisition appeared first on Tokenist.