Voyager Digital Ltd. (CSE: VYGR) (OTC Pink: VYGVF) (FRA: UCD2) announced on Wednesday it has entered into a definitive agreement to acquire Circle Invest, the retail digital asset business from Circle Internet Financial, Inc. According to Voyager, the transaction will add more than 40,000 retail accounts to its customer base.
“This transaction also helps us deliver on our promise to investors, providing regulated brokerage services and resources to as many users as possible in the digital asset marketplace. Going forward, we remain committed to building best-in-class features for the Voyager Platform to empower investors and bring into the mainstream the most revolutionary asset class to date.”
Voyager further noted that the acquisition will give Circle Invest customers access to expanded digital assets and new robust investment and trading features from the Voyager suite of products and services. Rachel Mayer, Director of Product Management at Circle, further commented:
“We’re very happy to be able to provide Circle Invest customers with a broader depth of retail investment features through the transaction with Voyager. This transition comes at a time when Circle is launching new platform services and products for businesses around the world to help them bring the benefits of stablecoins into their products and grow global commerce in new and innovative ways.”
Ehrlich then added:
“We look forward to integrating all of the Circle stablecoin platform services into our service offerings to better serve our customers.”