![]() How to use Voyager? Voyager Registration Process Further, it connects with the twelve largest and most reputable crypto exchanges to ensure that users get the best possible rates. With its Smart Order Routing system, Voyager selects the best possible exchange rate and makes it easy for users to trade confidently. Voyager Review: Earning InterestĪlso, read Earn Crypto – Passive Income by Staking Coins Smart Order Routing However, if one wants to unenroll, one can do so by visiting the crypto interest page in the Voyager app and tapping “Opt-Out.” To learn more about the Voyager interest program click to visit the Voyager reward section. eTrendystock make no warranties or representations in connection therewith.By default, all Voyagers are enrolled in this program. Information contained on this page is provided by an independent third-party content provider. King Newswire makes no warranties or representations in connection with it. ![]() It is provided by a third-party content provider. The post BlackRock Enters in Cryptocurrency Market by acquiring Voyager Digital appeared first on King Newswire. Will BlackRock leverage Voyager Digital to bring about new changes in the traditional trading broker model within the encryption field? This remains uncertain…Īs of the current press time, Voyager’s official website indicates that the liquidation debtor will revamp the website page in September to provide creditors with updates on the progress and status of bankruptcy cases. It is conceivable that EDXMarkets, launched by traditional financial giants such as Fidelity Investments and Citadel Securities, has completely revolutionized the cryptocurrency exchange mechanism. During the bankruptcy process that lasted for more than a year,Voyager went through two acquisition plans proposed by FTX and Binance,and finally withdrew due to internal reasons of the other party.Īfter the agreement broke down,Voyager started asset liquidation work,has completed the first round of return of assets to creditors,and entered the final stage of bankruptcy proceedings.During this process, the liquidation debtors have repeatedly stated that they are discussing the feasibility of selling platform assets with multiple relevant parties in an effort to return as many assets as possible to creditors.Īccording to a previous statement by the creditors committee on Twitter,the platform will be sold as a whole, which also means that Voyager will have the opportunity to rebuild its brand value based on the resumption of operations.value on the basis of resuming operations.Ĭompared to the previous two sales, BlackRock’s influence is undoubtedly substantial. Prior to this,Voyager Digital was the largest crypto brokerage platform in the United States.However,due to the collapse of the 3AC fund,the company had to deal with a severe liquidity crisis and filed for Chapter 11 bankruptcy last July. Since applying for the Bitcoin ETF,BlackRock has already made it clear that it will enter the field of crypto asset management,but the operation of digital assets needs to meet a series of compliance conditions,such as digital asset custody and trading licenses,MSB (money service business),MTL (money transmission) license).Īt the same time,Voyager Digital has a crypto brokerage license,which can directly provide BlackRock with a complete set of forward-looking conditions required to operate crypto asset business,helping to quickly promote crypto business in the United States. but it also triggered a series of speculations from the outside world. This represents not only a strategic move into the cryptocurrency sector but also preparation for the lengthy Bitcoin ETF application process.It bears great significance for the entire cryptocurrency market.Īs an asset management giant, BlackRock has currently made more than 200 investments and acquisitions around the world, all in the traditional financial and technology fields.This acquisition of a company in the encryption field is the first time in history, although the details of the acquisition negotiations have not been made public. In the future,once the acquisition plan is finalized, Voyager will become BlackRock first acquisition in the cryptocurrency field. The two parties are in negotiations regarding the current sale of the assets and shares of the bankrupt entity and have reached a preliminary acquisition intent. in the past month, BlackRock has completed the first round of due diligence on Voyager Digital, an encryption platform that has filed for bankruptcy. New York, United States, 9th Sep 2023, King NewsWire – BlackRock plans to acquire Voyager Digital, deepening its layout in the encryption field.Īccording to industry insiders.
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