Alameda owes Voyager approximately $200 million in an outstanding crypto loan, from a line of credit worth $377 million before the market downturn.

Voyager Digital has asked a federal bankruptcy court in New York for an order to repay a loan it made to crypto quant trading firm Alameda Research that was largely denominated in crypto. The loans are due to be repaid by Sept. 30, the filing said.

Key Points

• Crypto trading firm Alameda Research will repay two large loans denominated in bitcoin and ether to Voyager.
• The loan was initiated in September 2021. It was denominated in crypto; primarily with bitcoin, ether, and USDC
• Once the loan is repaid, Alameda will receive $160 million back in its pledged collateral.
• Alameda Ventures is a shareholder of Voyager Digital.