Voyager CEO Says Revenue Growth Accelerates 8-Fold as DeFi Trading Surges

Voyager CEO Says Revenue Growth Accelerates 8-Fold as DeFi Trading Surges

CEO Steve Ehrlich says this quarter's revenue is on track to double what the company produced in all of its last fiscal year.


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Voyager Digital Revenue Rises Over 1,000% on Increased Crypto Adoption

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Crypto Broker Voyager’s Q1 Revenue Soars 186%, Assets Under Management Jump t...

Crypto asset broker Voyager Digital Ltd reported Monday that revenue for the fiscal first quarter ended Sept. 30 soared 186% to $2 million from $700,000 the previous quarter, as more users utilized the platform. ● Voyager co-founder and chief executive officer Stephen Ehrlich said the number of people using their brokerage to invest in cryptocurrencies such as bitcoin (BTC) and ether (ETH) has climbed 20% since September to date. ● According to Voyager’s earnings release, the Canada Stock Exchange (CSE)-listed firm now has a total of $150 million in assets under....

Voyager Digital Reports 75% Revenue Rise in Q4, Cites Increased Crypto Adoption

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Voyager Digital sees 16X increase in quarterly revenue, first operating profit

The Canadian trading and yield app recorded $60 million in revenue for Q1, 2021. Crypto asset trading firm Voyager Digital has announced financial results for the first quarter of 2021, and they are impressive.The retail crypto trading and yield platform reported another record quarter, with momentum continuing into the current quarter. Total revenue for the period came in at $60.4 million, more than a 16x increase from $3.6 million over the previous quarter.The company ended the quarter with an operating profit of $30 million and an adjusted working capital of $197 million. It was the....

Voyager Digital acquires crypto payments company Coinify

"As the adoption of cryptocurrency payments gains momentum, the acquisition of Coinify brings a global payment infrastructure to Voyager's digital asset ecosystem," said Voyager co-founder and CEO Stephen Ehrlich. Crypto-asset trading firm Voyager Digital has arranged to purchase payments company Coinify in a deal worth $85 million in cash and stock.In a Monday announcement, Voyager said it would issue 5.1 million shares of its stock — worth roughly $70 million at the time of publication — as well as provide $15 million in cash to Coinify investors. The company said it would retain $5.5....