On July 28, 2020, Voyager Digital Ltd., a public licensed crypto broker, announced that it would commence its first stage of global expansion with the launch of the Voyager app in Canada this autumn.
Voyager’s launch in Canada will offer existing investors and new clients its complete cryptocurrency offering which includes full access to the Voyager App and special features such as commission-free trading of 40+ virtual coins, as well as the Voyager interest program.
“Over the past several months, in addition to seeing a large increase in new accounts, Voyager has seen an ever-growing interest for the Voyager App in Canadian markets,” said Steve Ehrlich, Co-Founder and CEO of Voyager.
The new expansion will give Voyager’s 230K global users access to increased options for funding their accounts via debit/credit cards and bank wire transfers, making Voyager Digital the leading crypto brokers in the U.S.
Cryptocurrency Trading and Brokerage Firms Expand Services
As Bitcoin continues to mature and gain acceptance as a form of money, more and more crypto brokerage firms are expanding their services to reach new clients globally.
Just last week, Voyager announced the second phase of its Circle Internet Financial deal, with plans to integrate the Circle Platform Services and Payments API into Voyager’s Crypto Broker Platform. This remarkable collaboration with Circle has so far brought in about 40K new user accounts to Voyager’s customer base.
In a similar move, U.S.-based Genesis Global Trading, a cryptocurrency trading firm, recently acquired UK-based Vo1t, a digital assets custody provider. The acquisition is intended to allow Genesis Global Trading to develop a full suite of prime crypto brokerage services under one roof including lending, trading and custody.
And just recently on July 12, Robinhood, a free trading platform for stocks and cryptocurrency that also offers crypto-asset brokerage, revealed it is expanding its crypto offerings beyond BTC and ETH to include Litecoin and Bitcoin Cash.
Robinhood’s expansion into these popular altcoins is aimed at making digital assets trading more accessible to investors.
Crypto Broker Exchanges
As we previously reported, popular cryptocurrency exchange Binance announced its partnership with German investment firm CM-Equity AG to provide proprietary trading and brokerage services to customers in Europe and Germany in a fully compliant manner.
Similarly, crypto exchange Coinbase announced on May 27, 2020, that they plan to acquire Tagomi, a U.S.-based prime brokerage platform focused on crypto to bolster their offerings to advanced traders.