Voyager sells all shares of crypto platform Coinify to Ascension ApS for $2 million

[Voyager sells all shares in cryptocurrency platform Coinify to Ascension ApS for US$2 million] On August 18, the encrypted lending company Voyager announced the sale of all shares in cryptocurrency platform Coinify to Ascension ApS for US$2 million in cash. If Ascension ApS subsequently sells Coinify within three years of the transaction, an additional conditional payout of profits is stipulated, thereby preserving potential upside for Voyager.

It is reported that Coinify is a cryptocurrency platform operating in Europe, Asia and other regions, providing personal and corporate cryptocurrency transactions, encrypted payment processing services and enterprise solutions through the Coinify API. Voyager purchased Coinify in August 2021. On August 16, 2022, Coinify's sale plan was approved by the U.S. Bankruptcy Court for the Southern District of New York. (prnewswire)

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