Crypto Derivatives Exchange FTX Wins Voyager Digital’s Auction

Cryptocurrency exchange FTX US has won an auction to sell the assets of bankrupt lender Voyager Digital, offering around $1.4 billion.

According to the representatives of the trading platform, the offer reflects the fair market value of the cryptocurrencies stored on the platform in the amount of more than $1.3 billion. The application also includes an additional award of approximately $111 million.

The official committee of unsecured creditors has given its support to the FTX US proposal.

The statement reads as follows:

“The FTX US filing accelerates the company’s restructuring by providing debtors with the opportunity to recover funds to customers and creditors.”