Crypto broker Voyager has announced that it will be liquidating some of its assets in order to raise funds to repay a loan and support its ongoing operations. The move comes amid a challenging period for the company, which has faced several setbacks in recent months.

According to Voyager, the liquidation will involve the sale of several cryptocurrencies, including Bitcoin, Ethereum, and others. The company has stated that it expects to raise around $147 million from the sale, which will be used to repay a loan from a bank and provide additional capital for its operations.

The decision to liquidate assets has garnered criticism from some in the cryptocurrency community, who argue that it could have a negative impact on the market and further drive down prices. It's also worth noting that Voyager has faced several challenges in recent months, including technical issues with its platform, regulatory scrutiny, and a decline in trading volume.

Despite these challenges, Voyager remains one of the largest and most prominent cryptocurrency brokers in the industry, with a user base of over 1 million customers. The company has stated that it remains committed to providing its customers with a high-quality trading experience and that it is taking steps to address its current challenges and improve its operations.

(By Mat Di Salvo)