Voyager Digital Signs Term Sheet for $200M and 15,000 $BTC Revolving Line of Credit with Alameda Research

Cryptocurrency broker Voyager Digital announced that it has signed a term sheet with Alameda Research to secure $200m and 15,000 $BTC revolving line of credit. Voyager Digital said that the credit facility is intended to be used to safeguard customer assets in light of current market volatility and only if such use is needed. The credit will expire on December 31st, 2024, with an annual interest rate of 5% payable on maturity. In addition to the funds available under the credit facilities, Voyager Digital has more than $200m on its balance sheet.