CrossTower considering other crypto acquisitions aside from Voyager offering

CrossTower's president said he will place more emphasis on highly transparent, compliance-focused companies in light of the collapse of the FTX.

Crypto exchange CrossTower Inc., which is currently bidding for Voyager Digital assets, is said to be window-shopping for other crypto company acquisitions.

In a Nov. 24 Bloomberg report, CrossTower CEO Kapil Rathi revealed that the company is looking to recruit companies with a "good set of customers" and a "good track record" despite the current bear market, saying :

“We are in an ideal position to acquire entities that have a good customer base and a good balance sheet [...] so we are openly looking at different types of businesses with a view to organic growth.”

In September, CrossTower was one of the companies competing to acquire the assets of bankrupt crypto lender Voyager Digital, along with FTX and Binance.

FTX Trading ultimately emerged as the winner of Voyager's bid on September 27, with a sale valued at $1.4 billion.

However, with the exchange filing for bankruptcy on November 11, Voyager reopened the bidding process and a new revised offer came from CrossTower the same day.

“We are working on a revised offering that we believe will benefit Voyager customers and the wider Crypto community. CrossTower has always been and will continue to be very community-focused,” a spokesperson said. to Cointelegraph at the time, without specifying an amount.

While CrossTower has yet to release details about its latest offer for Voyager, CrossTower President Kristin Boggiano said Voyager's small $3 million FTX investment won't play a role in a potential sale for the lending platform.

CrossTower also said it has "minimal exposure" to FTX-related investments.

Other companies are back to buy Voyager's assets, including Binanc...