As per latest reports, crypto exchanges FTX and Binance are among the top bidders for the assets of bankrupt Voyager Digital.
The current bid from Binance is reportedly about $50 million which is relatively higher than the competing bid from FTX.
The auction for Voyager’s assets had started on September 13. Other firms who are in the bidding race include crypto investment manager Wave Financial and the trading firm CrossTower. However, it is very much probable that some other bidder might come with an altogether better bid.
On September 29, a hearing will be scheduled in New York to announce the winning bid.
Also Read: Alameda to Repay Bankrupt Voyager Digital $200 Million in Crypto