Voyager Digital Acquires Coinify in latest International Expansion

2021-8-3 21:16

Digital Currency Broker Voyager Digital acquires the popular crypto payment system Coinify, in its latest expansion effort. 

Today, Voyager Digital announced their $85 million acquisition of Coinify. This move means a major diversification of the company’s holdings and revenue streams. Coinify has a user base in over 150 countries. 

Voyager Digital is one of the most rapidly growing and publicly traded cryptocurrency platforms in the U.S. In the same vein as Robinhood, the Voyager platform already boasts of the ability to interact with over 60 cryptocurrencies and allows users to trade and invest digital assets. The platform is also one of note to offer interest on BTC. 

The addition of Coinify means a more widespread reach of Voyager’s capabilities. Particularly within the payment arena, this acquisition means Voyager users can now make payments straight from their holdings accounts. It also means the digital asset broker is one step closer to business payments. 

Coinify offers payment possibilities  in 15 cryptocurrencies and the ability to settle transactions in at least 20 fiat currencies through Coinify API.

Stephen Ehrlich, CEO and Co-Founder of Voyager pointed out the shared values of Coinify. “Innovation, security and scalability,” are three values which will help push wider adoption of digital assets. Ehrlich also commented on what this new addition means for their growing user base:

“As the adoption of cryptocurrency payments gains momentum, the acquisition of Coinify brings a global payment infrastructure to Voyager’s digital asset ecosystem and will give our rapidly growing customer base of over 1.75 million users a fast, easy, and secure way to make payments from their Voyager accounts.”

Despite bumpy beginning, 2021 brings growth

The beginning  of the year saw a small glitch in Voyager’s ascent. Back in January the entire Voyager system went dark, leaving users anxious for a period of time. However, the broker cited the reason being an influx in user applications. 

The rest of the year followed suit – though not in app crashes. According to the company, their user base grew over 1400% within the first half of 2021. Adding Coinify into the mix means more opportunities for existing customers, which heavily consists of small to midsize business owners. 

Included in those affected by the merger are Coinify shareholders, who will make up 5,100,000 of recently issued shares of  Voyager Digital Ltd. stock. 

The post Voyager Digital Acquires Coinify in latest International Expansion appeared first on BeInCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Digital Rupees (DRS) на Currencies.ru

$ 6.38E-5 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $6.38E-5 - H: $6.38E-5
Капитализация $32.611k Rank 99999
Доступно / Всего 510.803m DRS

digital latest voyager coinify acquires expansion international

digital latest → Результатов: 126


Фото:

Standard Chartered chief says Cryptocurrency usage is “Absolutely Certain”

As the international payment system evolves, more companies and institutions in the mainstream are gradually warming up to digital currency adoption. In the latest development, the Chief Executive Officer of British-based Standard Chartered Bill Winters has hinted that it’s imminent the bank will roll out its digital currency.

2020-12-8 17:13


Фото:

Cryptocurrency Indexes Are Set to Launch in 2021 by S&P Dow Jones Indices

S&P Dow Jones Indices has made it official: they will launch cryptocurrency indexes in 2021, becoming the latest major finance company to make its inception into the digital asset industry. More than 550 of the top traded coins to be included in the indexes As Reuters reported initially on December 3, 2020, such indexes will […] The post Cryptocurrency Indexes Are Set to Launch in 2021 by S&P Dow Jones Indices appeared first on Bitcoin News.

2020-12-4 23:30


Фото:

Crypto Markets Turn Green Following Tough Week, Bitcoin Price Nears $18k

Following its latest plunge to $16.1k, Bitcoin has recuperated and almost at $18k again after dwindling close to $15k, inching closer to the all-time high of around $20,000. The digital asset appears unstoppable in the last couple of weeks, climbing higher every single day with only a few retracement periods. Nonetheless, this bull rally seems […]

2020-11-29 00:03


Фото:

BIS Says CBDCs Likely Better than Private Stablecoins Like Libra

The Bank for International Settlements is the latest major financial organization looking to implement industry-standard regulations in the stablecoins arena. Meanwhile, several nations are also working towards creating their own central bank digital currencies (CBDCs) which are seen by some commentators as being driven by private stablecoin projects like Facebook’s Libra.

2020-11-26 02:01


Rapper Logic Claims to Have Bought $6 Million in Bitcoin

November 20, 2020 — As the price of Bitcoin approaches its all-time high, freshly retired American rapper Logic claims to have purchased six million dollars worth of the digital currency. In a recently posted Instagram story, Logic, real name Robert Bryson Hall II, talked about some of his latest investments — or in his words, … Continued The post Rapper Logic Claims to Have Bought $6 Million in Bitcoin appeared first on BeInCrypto.

2020-11-20 14:10


Another Legendary Investor Becomes A Bitcoiner, From ‘Why We Need This Thing’ To Betting Big On BTC

Billionaire investor Stanley Druckenmiller said on CNBC on Monday that he owns Bitcoin, becoming the latest high-profile to get in on the leading digital currency. The legendary investor said, “I’m a bit of a dinosaur, but I have warmed up to the fact that Bitcoin could be an asset class that has a lot of […] The post Another Legendary Investor Becomes A Bitcoiner, From 'Why We Need This Thing' To Betting Big On BTC first appeared on BitcoinExchangeGuide.

2020-11-11 18:49


Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions

With the latest amendment to the legislation, Iran has become the first country to use cryptocurrencies at a state level for import funding. The Iranian Cabinet amended legislation to redirect digital currencies into the funding mechanism of the Central Bank of Iran (CBI) for imports, as per the report by the official The Islamic Republic […] The post Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions first appeared on BitcoinExchangeGuide.

2020-10-31 19:08


Canada-Based Voyager Digital Announces Nearly 2000% Growth In Customers’ Assets Growth In 2020

Quick Read: – Voyager released its latest financial report for the year with impressive figures – Recording Increases in customer asset growth, brokerage accounts, and revenue In a press release, Canadian publicly listed cryptocurrency broker, Voyager announced an impressive 1,159 % surge in revenue, registering approx.

2020-10-30 21:58


Фото:

One of Asia’s Largest Banks, DBS, Launches Fiat-to-Crypto Exchange; Opens with BTC, BCH, ETH, & XRP

2020 is all about cryptocurrencies as the tide turns. The latest one to jump on the digital currency bandwagon is the largest retail and commercial bank of Singapore, DBS. The bank has soft-launched its cryptocurrency and fiat trading exchange with Bitcoin (BTC), Ethereum (ETH), XRP, and Bitcoin Cash (BCH) as the primary listed crypto assets.

2020-10-27 16:31


«Зенит» токенизировал Артема Дзюбу

Футбольный клуб "Зенит" из Санкт-Петербурга присоединился к блокчейн-платформе Sorare. It's official: FC Zenit joins Sorare! 🇷🇺 Our latest 'National Champions' follow PSG, Juventus and Porto with more coming soon! First Edition card sales are on auction now🚀 ✨Official @zenit_spb digital cards, only on https://t.

2020-10-15 12:38


Fidelity Report: Trillions of Dollars Could Flow into Bitcoin as a ‘Unique’ Alternative Investment

The current macro environment is the best scenario for bitcoin; it is exactly what the digital currency needs. As Fidelity notes in its latest report on “Bitcoin Investment Thesis,” bitcoin as a unique investable asset is gaining a lot of traction, which is to increase in response to the Federal Reserve cutting their benchmark interest […] The post Fidelity Report: Trillions of Dollars Could Flow into Bitcoin as a 'Unique' Alternative Investment first appeared on BitcoinExchangeGuide.

2020-10-14 15:16


The future of Digital, 4IR, AI, Blockchain, Smart Cities - Digital Week Online's most ambitious program event

Digital Week Online offers a global cutting edge Digital 360 program that highlights the latest trends and solutions regarding 4IR - 4th Industrial Revolution, Society 5.0 coined by the Japanese GoverThe post The future of Digital, 4IR, AI, Blockchain, Smart Cities - Digital Week Online's most ambitious program event appeared first on AMBCrypto.

2020-10-8 13:30