Voyager officially announced the completion of the auction, with FTX winning the bid at $1.422 billion

2022-09-27 10:14:38

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ChainCatcher news, Voyager Digital announced today that after multiple rounds of bidding, its operating company Voyager Digital LLC has selected FTX US as the highest and best bidder for its assets. The Official Committee of Unsecured Creditors (UCC) has notarized and supports FTX US's bid.

FTX US's bid is approximately $1.422 billion, which includes the fair market value of all Voyager cryptocurrencies at a future date, estimated at $1.311 billion based on current market prices, plus an estimated additional consideration providing about $111 million in incremental value. The company's claims against Three Arrows Capital remain in the bankruptcy estate, which will allocate any available recoveries on such claims to the creditors of the estate. (Source link)

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