Voyager Transfers $5.5 Million in Crypto to Coinbase!

The post Voyager Transfers $5.5 Million in Crypto to Coinbase! appeared first on Coinpedia Fintech News

Bankrupt cryptocurrency firm Voyager has transferred 1,500 ETH and 250 billion SHIB, worth a total of approximately $5.5 million, to Coinbase. The crypto firm is also planning to move all the remaining tokens to its main address to streamline operations and manage its holdings efficiently. With $81.63 million worth of cryptocurrency now held in Voyager addresses, investors are closely following developments to determine if the company can recover from bankruptcy and protect its assets. Choosing Coinbase as its custodial service provider implies a level of trust and confidence in the company’s security.