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What are the details of the agreement with Binance.US?
- Binance.US’ bid is valued at approximately $1.022 billion, comprised of (i) the fair market value of Voyager’s cryptocurrency portfolio at a to-be-determined date in the future, which at current market prices is estimated to be $1.002 billion, plus (ii) additional consideration equal to $20 million of incremental value.
- The Binance.US bid aims to return crypto to customers in kind, in accordance with court approved disbursements and platform capabilities.
- More information will be shared as part of the customer voting process.