Voyager Digital Signs Term Sheet for $200M and 15,000 $BTC Revolving Line of Credit with Alameda Research

Cryptocurrency broker Voyager Digital announced that it has signed a term sheet with Alameda Research to secure $200m and 15,000 $BTC revolving line of credit. Voyager Digital said that the credit facility is intended to be used to safeguard customer assets in light of current market volatility and only if such use is needed. The credit will expire on December 31st, 2024, with an annual interest rate of 5% payable on maturity. In addition to the funds available under the credit facilities, Voyager Digital has more than $200m on its balance sheet.
Source

Alameda Research

Lending

In This Article

Related News
Arijit Sarkar Arijit Sarkar 2 hours ago Crypto lender Polter Finance halts operations after $12M hack Arijit Sarkar Arijit Sarkar 2 hours ago Crypto lender Polter Finance halts operations after $12M hack
Aave proposal considers activating fee switch and buying back tokens from open market Aave proposal considers activating fee switch and buying back tokens from open market
Risk Manager Gauntlet Quits Aave and Moves to Rival Lending Protocol Morpho Risk Manager Gauntlet Quits Aave and Moves to Rival Lending Protocol Morpho
Radiant Capital Loses $4.5M in Exploit, Halts Lending Market on Arbitrum Radiant Capital Loses $4.5M in Exploit, Halts Lending Market on Arbitrum
Latest News More More
2 Days Ago 0xbow unveils ‘Privacy Pools,’ a new blockchain privacy tool drawing from Vitalik Buterin’s research
March 27 Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
March 27 MEXC Extends DEX+ Platform to Binance Smart Chain Users
March 25 Binance suspends employee for allegedly profiting off of insider information
March 25 BlackRock launches bitcoin ETP in Europe following US success
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open