Warning: unlink(/tmp/jnewslibrary-tRAEjz.tmp): No such file or directory in /home/customer/www/coinparative.com/public_html/wp-admin/includes/class-wp-filesystem-ftpext.php on line 142
Three crypto giants vying to buy Voyager Digital | Coinparative
Coinparative

  • News
    • Crypto News
    • Blockchain News
    • Altcoin News
    • Press Release
    • NFT News
    • Metaverse
    • Web3.0 News
    • Trending
  • Insights
    • Explainer
    • Research
  • Guides
  • Market
    • Market analysis
    • Market News
    • Reviews
    • Price Index
  • Videos 🚀
No Result
View All Result
  • About Us
  • Contact
  • jeet-detector-bot
    JDB(JDB)
    $0.00-0.61%
  • bitcoin
    Bitcoin(BTC)
    $0.00-2.27%
  • ethereum
    Ethereum(ETH)
    $0.00-2.60%
  • usdex-stablecoin
    USDEX(USDEX)
    $0.00-0.53%
  • tether
    Tether(USDT)
    $0.000.060%
  • binancecoin
    BNB(BNB)
    $0.00-3.64%
  • usd-coin
    USD Coin(USDC)
    $0.00-0.02%
  • ripple
    XRP(XRP)
    $0.00-1.89%
  • binance-usd
    Binance USD(BUSD)
    $0.000.020%
  • cardano
    Cardano(ADA)
    $0.00-3.41%
  • dogecoin
    Dogecoin(DOGE)
    $0.00-4.28%
  • matic-network
    Polygon(MATIC)
    $0.000.860%
  • okb
    OKB(OKB)
    $0.00-5.57%
  • solana
    Solana(SOL)
    $0.00-4.74%
  • staked-ether
    Lido Staked Ether(STETH)
    $0.00-2.67%
  • polkadot
    Polkadot(DOT)
    $0.00-1.02%
  • shiba-inu
    Shiba Inu(SHIB)
    $0.00-6.51%
  • litecoin
    Litecoin(LTC)
    $0.00-4.99%
  • avalanche-2
    Avalanche(AVAX)
    $0.00-5.05%
  • tron
    TRON(TRX)
    $0.00-1.95%
View All
Coinparative
Home News Crypto News

Three crypto giants vying to buy Voyager Digital

November 25, 2022
in Crypto News
250 2
A A
0
Three crypto giants vying to buy Voyager Digital
Share on FacebookShare on Twitter

Binance, CrossTower, and Wave Financial are bidding once more for the grand prize of Voyager Digital and its assets.

Three crypto firms are in contact with Voyager Digital as they each try to offer a bid and terms that will be to the best advantage of the bankrupt crypto lending platform and its customers.

Binance makes an offer

Binance.US, the US arm of Binance, will make another offer after its initial offer was rejected in favour of FTX. Now that company is out of the reckoning Changpeng Zhao’s company will once again prepare a bid for Voyager.

Zhao has been prominent among those trying to bolster the crypto ecosystem after the massive implosion caused by FTX. He recently announced that his Web3 Industry Recovery Initiative would receive a further $1 billion to add to the $1 billion already pledged.

CrossTower seeks to benefit the wider crypto community

CrossTower is keeping its cards close to its chest, but the crypto trading company does say, according to CNBC, that its revised offer will “benefit both the customers and the wider crypto community.”

CNBC also reports that CrossTower wants to put together a crypto recovery fund along the same lines as Binance, but the company stresses that it is not there to compete with the Binance Web3 Industry Recovery Initiative.

Wave Financial wants to “reinvigorate $VGX”

On the minds of many Voyager investors is what will become of $VGX, the exchange token, which worked along similar lines as the Binance BNB token, offering discounts on trading fees among other utilities.

The Wave Financial bid takes this into account. Matteo Perruccio, president of international for Wave, said that his company’s former bid sought to reinvigorate the $VGX token.

He also shared with CNBC how to attract customers at a lower cost, saying:

“We also had some, I think, pretty clever ideas about how to bring traffic at a much lower cost of acquisition at a higher per customer balance, which were the two big problems at Voyager,”  

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source: Crypto Daily

Share196Tweet123Share34Pin44ShareSend

Related Articles

Binance.US to Acquire Voyager Assets for $1 Billion
Crypto News

Binance.US to Acquire Voyager Assets for $1 Billion

December 20, 2022
1.4k
Democratic party will return over $1 million to FTX investors
Crypto News

Democratic party will return over $1 million to FTX investors

December 19, 2022
1.4k
BIS Now Allows Banks to Hold 2% of Reserves in…
Crypto News

BIS Now Allows Banks to Hold 2% of Reserves in…

December 18, 2022
1.4k
Silvergate Bank faces lawsuit over FTX and Alameda dealings
Crypto News

Silvergate Bank faces lawsuit over FTX and Alameda dealings

December 17, 2022
1.4k
Amber raises $300 million to laser focus on institutional clients
Crypto News

Amber raises $300 million to laser focus on institutional clients

December 16, 2022
1.4k
Changpeng Zhao Defends Binance During CNBC Appearance
Crypto News

Changpeng Zhao Defends Binance During CNBC Appearance

December 16, 2022
1.4k
Load More

Discussion about this post

Coinparative

2022 © All Rights Reserved.

Coinparative specializes in the digital News and research on cryptocurrency, Digital Assets and Blockchain

  • Advertise
  • Privacy Policy
  • Terms
  • About Us
  • Contact

Follow Us

No Result
View All Result
  • News
    • Crypto News
    • Blockchain News
    • Altcoin News
    • Press Release
    • NFT News
    • Metaverse
    • Web3.0 News
    • Trending
  • Insights
    • Explainer
    • Research
  • Guides
  • Market
    • Market analysis
    • Market News
    • Reviews
    • Price Index
  • Videos 🚀

2022 © All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
DON’T MISS OUT!
Subscribe To Newsletter
Be the first to get latest updates and exclusive content straight to your email inbox.
Stay Updated
Give it a try, you can unsubscribe anytime.
close-link
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Warning: unlink(/tmp/jnewsfirstload-oPoOAL.tmp): No such file or directory in /home/customer/www/coinparative.com/public_html/wp-admin/includes/class-wp-filesystem-ftpext.php on line 142