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Benzinga
Benzinga
Business
Bibhu Pattnaik

Crypto Broker Voyager Digital Secures $485M Loan From Bankman-Fried's Alameda

Crypto broker firm Voyager Digital Ltd (OTC:VYGVF) has signed a deal with Alameda Research, a quant trading firm from FTX founder Sam Bankman-Fried, to secure a credit facility to safeguard its customers' assets in line with the current market volatility, Bloomberg reports.

According to the report, Voyager will get cash and a USDC-based credit facility worth $200 million. The second revolving credit facility will be for 15,000 Bitcoin (CRYPTO: BTC), currently valued at around $285 million.

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