Voyager Digital acquires crypto payments company Coinify
Cointelegraph
Published Aug 02, 2021 12:00PM ET
Updated Aug 02, 2021 01:40PM ET
Crypto-asset trading firm Voyager Digital has arranged to purchase payments company Coinify in a deal worth $85 million in cash and stock.
In a Monday announcement, Voyager said it would issue 5.1 million shares of its stock — worth roughly $70 million at the time of publication — as well as provide $15 million in cash to Coinify investors. The company said it would retain $5.5 million in cash from Coinify’s balance sheet.
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Written By: Cointelegraph
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