Broker-dealer and digital assets trading platform INX is making a play for bankrupt crypto lender Voyager Digital's assets.

The company submitted a bid for the assets via a non-binding Letter of Intent (LOI), according to a company release.

Voyager filed for Chapter 11 bankruptcy protection in July due to its over $650 million exposure to the collapsed crypto hedge fund Three Arrows Capital (3AC).

Crypto exchange FTX.US initially won the bidding process for Voyager's assets in September. The auction process for Voyager's assets reopened after the FTX Group filed for Chapter 11 bankruptcy protection.

(by Kari McMahon)