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Voyager Transfers $86 Million To Coinbase Over Two Weeks

Published 2023-02-26, 04:22 a/m
© Reuters.  Voyager Transfers $86 Million To Coinbase Over Two Weeks
USDC
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Coin Edition -

  • Voyager Digital has transferred more than $86 million to Coinbase (NASDAQ:COIN) since February 14.
  • The bankrupt crypto lender has received 100 million USDC from Coinbase over the past three days.
  • Voyager currently holds more than $630 million worth of assets.

Voyager Digital has made several multi-million dollar transactions over the past couple of weeks. The bankrupt crypto lender has transferred more than $86 million worth of crypto assets to United Stated based crypto exchange Coinbase since February 14.

According to data compiled by on-chain analytics firm Lookonchain, the assets transferred to Coinbase include 2.24 trillion Shiba Inu (SHIB) worth $28 million, 15,635 ETH worth $25 million, 7.75 million OCEAN worth $3 million, 640,000 Chainlink Tokens (LINK) worth $4.4 million and 28.5 million of its own native token VGX, among several other crypto assets.

The Twitter thread published by Lookonchain earlier today also revealed that the value of the assets currently held by Voyager Digital was in excess of $630 million. The bankrupt crypto lender has received 100 million USDC from Coinbase over the past three days.

Voyager’s current crypto holdings include 172,223 ETH worth $276 million, 186 million USDC, 6.5 trillion SHIB worth $81 million, 2.14 LINK worth $15.8 million, 581,052 AVAX worth $10.5 million, 12 million FTM worth $5.6 million and 1.17 billion STMX worth $8.3 million, among several other tokens.

Voyager Digital was in the news earlier this week after its billion-dollar deal with Binance’s American arm was opposed by federal and state-level regulators in the United States. The Securities and Exchange Commission (SEC)A and the New York Department of Financial Services (NYDFS) objected to Binance U.S’ $1.02 billion deal to acquire the assets of the bankrupt crypto lender.

The post Voyager Transfers $86 Million To Coinbase Over Two Weeks appeared first on Coin Edition.

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