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CrossTower eyeing further crypto acquisitions outside of Voyager bid

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Crypto exchange CrossTower Inc., which is currently bidding for the assets of Voyager Digital, is reportedly window shopping for other crypto company acquisitions.

In a Nov. 24 Bloomberg report, CrossTower CEO Kapil Rathi revealed that the company is looking to pick up firms with a “good set of customers” and a “good balance sheet” despite the current bear market, stating: In September, CrossTower was one of the companies reported to be competing to acquire the assets of bankrupt crypto lender Voyager Digital, along with FTX and Binance.

FTX Trading eventually became the winner of the Voyager bid on Sept. 27 with the sale valued at $1.4 billion. However, with the exchange filing for bankruptcy filing on Nov.

11, Voyager reopened the bidding process and a new revised offer came from CrossTower on the same day. “We are working on a revised offer that we feel will benefit the Voyager customers and the wider Crypto community.

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