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  • November 25, 2022
    CrossTower Considers Own Crypto Fund Alongside Voyager Bid
  • November 25, 2022
    CrossTower eyeing further Crypto Acquisitions outside of Voyager Bid
  • August 25, 2022
    Blockchain and cryptocurrency have massive potential for growth.

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News and Events
CrossTower Considers Own Crypto Fund Alongside Voyager Bid
CrossTower Considers Own Crypto Fund Alongside Voyager Bid By Emily Nicolle November 23, 2022, at 11:26 PM GMT+5:30 Crypto exchange CrossTower Inc. is considering further acquisitions beyond its bid for the assets of bankrupt crypto lender Voyager Digital, a deal revived this month after Voyager’s original buyer FTX Trading Ltd. itself filed for bankruptcy. CrossTower is among several companies reviving or exploring new bids for Voyager. Asset manager Wave Financial is weighing up a return to the process after participating in the previous auction, a person familiar with the matter said, while the US arm of crypto exchange Binance is also said to be interested this time round, CoinDesk reported. Wave declined to comment. FTX won a weeks-long auction to buy Voyager’s assets in September, but Voyager’s main bankruptcy attorney said the deal is no longer going ahead after FTX itself filed for Chapter 11 bankruptcy this month. The sale was valued at about $1.4 billion,
News and Events
CrossTower eyeing further Crypto Acquisitions outside of Voyager Bid
CrossTower eyeing further crypto acquisitions outside of Voyager bid CrossTower’s president said they would place extra emphasis on highly transparent and compliance-focused companies in light of the FTX collapse. Crypto exchange CrossTower Inc., which is currently bidding for the assets of Voyager Digital, is reportedly window shopping for other crypto company acquisitions. In a Nov. 24 Bloomberg report, CrossTower CEO Kapil Rathi revealed that the company is looking to pick up firms with a good set of customers and a good balance sheet despite the current bear market, stating: We’re in a great place to either acquire entities who have a good set of customers with them and a good balance sheet […] so we are openly looking at different types of companies from an organic growth perspective. In September, CrossTower was one of the companies reported to be competing to acquire the assets of bankrupt crypto lender Voyager Digital,
News and Events
Blockchain and cryptocurrency have massive potential for growth.

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