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Voyager Digital receives bid for assets from INX Digital
By Sarah Lizee
Olympia, Wash., Nov. 30 – Voyager Digital Ltd. received a bid for its assets from INX Digital Co., Inc., which provides a regulated trading platform for digital securities and cryptocurrencies, according to a press release.
INX is among other companies bidding for the assets under a court-approved sale process. The terms of INX’s bid were not disclosed.
Voyager had previously received court approval to sell its assets to winning bidder FTX US, according to an order filed with the U.S. Bankruptcy Court for the Southern District of New York. But, the no-shop provisions of the asset purchase agreement between Voyager and FTX US were no longer binding following FTX’s own Chapter 11 filing made on Nov. 11.
As a result, Voyager reopened the bidding process and began discussions with alternative bidders.
Voyager Digital is a cryptocurrency broker based in New York. The company filed bankruptcy on July 5 under Chapter 11 case number 22-10945.
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