TechFlow news — Voyager Digital announced today that after multiple rounds of bidding, its operating subsidiary Voyager Digital LLC has selected FTX US as the highest and best bidder for its assets. The Official Committee of Unsecured Creditors (UCC) has verified and supported FTX US's winning bid.
FTX US's offer is valued at approximately $1.422 billion, which includes the fair market value of all Voyager cryptocurrency at a future date—estimated at $1.311 billion based on current market prices—plus additional consideration estimated to provide around $111 million in incremental value. The company’s claim against Three Arrows Capital remains part of the bankruptcy estate, and any recoveries from such claim will be distributed to the estate’s creditors.Source link
