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Binance.US Receives Go-ahead to Acquire 4 Trillion Shiba Inu (SHIB)

Binance.US has received the go-ahead to acquire bankrupt Voyager’s assets, including nearly 4 trillion Shiba Inu (SHIB) tokens. The exchange recently received the green light for the acquisition deal from Judge Michael Wiles, a U.S. bankruptcy judge, despite stern objections from the SEC and New Jersey and Texas regulators.

The deal, estimated to be worth over $1 billion, will see BinanceUS procure Voyager’s assets after final approval. Per data from blockchain surveillance resource Lookonchain, Voyager’s crypto assets currently amount to $757.8 million as of press time.

These include 3.99 trillion SHIB valued at $44.1 million. Its SHIB holdings represent the fourth largest single holding on its sheets, only below USDC ($459 million), ETH ($157.7 million), and VGX ($61.6 million).

(By AMMARA)

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