Company News

Voyager Digital says it’s pursuing strategic alternatives

Susanne Barton, Bloomberg News

Jul 3, 2022

Voyager Digital says in a series of tweets that it’s pursuing strategic alternatives and that it’s focused on protecting assets and maximizing value for all customers as quickly as possible.

The company previously suspended trading, deposits and withdrawals due to difficult market conditions, amid a deepening meltdown in beleaguered cryptocurrency markets.

We currently have approximately $1.3 billion of crypto assets on our platform, plus claims against Three Arrows Capital of more than $650 million. We also have over $350 million of cash at Metropolitan Commercial Bank. (2/3)
— Voyager (@investvoyager) July 3, 2022

Voyagers,

There is nothing more critical to us than our customers. Please know that we are focused on protecting assets and maximizing value for all customers as quickly as possible. (1/3)
— Voyager (@investvoyager) July 3, 2022

We are doing everything in our power to best serve our customers for the long term. We are actively pursuing a series of strategic alternatives to do just that. Will share more updates as we have them. (3/3)
— Voyager (@investvoyager) July 3, 2022