Voyager Digital Ltd. (CSE: VYGR) (OTC Pink: VYGVF) (FRA: UCD2) announced earlier this week it has completed its acquisition of VYGR Digital Securities, LLC. Voyager Digital reported that the acquisition cements its position as a broker-dealer on the Voyager Platform, which was claimed to be created as a turnkey solution for crypto trading, provides “best” execution trading, safe custody and education on a wide range of popular crypto assets.
While sharing details about the acquisition, Stephen Ehrlich, Co-Founder and CEO of Voyager, stated:
“We are very pleased to assume ownership of this broker-dealer to provide additional infrastructure and support for The Voyager Platform. Favorable regulatory trends and improving digital asset technologies continue to drive the global crypto market’s rapid growth. We believe building out a mainstream capital market infrastructure is a critical step to be a leader in this market. Having this registered broker-dealer in-house is the latest step toward making Voyager the premier service provider in the rapidly evolving financial industry.”
Voyager added that the VYGR Digital acquisition is the latest in its series of milestones. The company reported that in December, it announced a new partnership with Option Hotline, a publishing company that delivers executable trade ideas from options professionals in real-time to its subscribers and third-party contributors, through an in-house trade alert service. Also, in recent months, Voyager Digital has completed six API distribution partnerships with Avant-Garde Trading Securities, RoundlyX (Coin Savage, LLC), Market Rebellion, LLC, Sterling Trading Tech, Tiger Trading, and Stockstracker.