Several industry sources have learned that Binance is interested in buying Voyager, the world’s largest crypto exchange. “Binance is excited and pursuing hard,” one of the people said. In addition, the exchange is “pushing hard for institutional deals.”
What is Binance?
Binance is a cryptocurrency exchange which is the largest exchange in the world in terms of the daily trading volume of cryptocurrencies. It was founded in 2017 and is registered in the Cayman Islands. Binance was founded by Changpeng Zhao, a developer who had previously created high-frequency trading software.
What does this mean for Voyager?
Any large and successful exchanges looking to purchase Voyager is likely a welcome sign to investors who have lost out due to the bankruptcy hoping to see some of their hard-earned money/coins back in their accounts. For the company itself, it would mean a huge relief after what must have been a difficult year.
Though the difficult year has not stopped the company from pursuing bonuses for their staff.
Only time will tell if the rumours are true and what this will mean for Voyager Digital going forward.
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